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The bond market is at the wheel

As has been the case in the last week or so, the turnaround came in US trading again. And that saw Treasury yields climb with 10-year yields now testing the highs from October last year.As mentioned earlier in the week, if there is only one chart you can afford to watch in markets, this would be it.This is feeding into a stronger dollar and despite China worries, bonds are continuing to puke all over and it's not looking pretty. In turn, this just adds to worsening sentiment for equities as well... Read More

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Content Topics

Bond

Market

Wheel

Forex

Posted: Aug 17 2023, 04:18

Author Name: forexlive

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