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Treasury yields feel heavy towards the end of the week

Treasury yields feel heavy towards the end of the week
It looked like the bond market rout was going to extend at some point yesterday but the bulls are putting up quite a bit of fight at the first key test. 10-year Treasury yields hit 4.30%, which is a critical juncture on the charts, and so far that level is holding.In the context of the rise in yields since last week, this isn't much but it is already undoing the moves higher on Wednesday and Thursday this week.It is but the first test of the 4.30% mark, so I'd caution against early thinking that... Read More
Posted: Aug 18 2023, 10:54
Author Name: forexlive
Views: 111855

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