menu search

US 10-year yields turn higher, easing earlier decline

US 10-year yields turn higher, easing earlier decline
US 10-year yields are now 0.1 basis points higher on the day at 4.55%. Earlier, they had fallen as low as 4.48% but have now turned around, despite the pain in equity markets.These moves in bonds are deeply troubling.What I (and many) expected coming into this week was buying in bonds due to quarter-end rebalancing. Instead, the wave of supply that begins with today's 2-year auction appears to be winning out. In addition, the comments from Kashkari have the market worried about materially higher... Read More
Posted: Sep 26 2023, 15:22
Author Name: forexlive
Views: 092112

Search within

Pages Search Results: