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Bond yields rise to dangerous levels
Bonds and the yuan are the story of the month so far.China is pushing USD/CNH down but are they selling Treasuries to do it? US 10-year yields are up 7.3 bps to 4.32% today, which is just a shade below Thursday's high and the October 2022 cycle high.We could see a real puke in bonds if 4.33-4.34% breaks. This article was written by Adam Button at www.forexlive.com...
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Posted: Aug 21 2023, 13:22
Author Name: forexlive
Views: 111848