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US 2 year yield has the biggest gain since September 2022

US 2 year yield has the biggest gain since September 2022
The US 2-year yield is up about 30 basis points on the week trading at 4.296%. The high-yield today reached 4.349% the highest level since March 15, 2023. The move to the upside this week is the largest gain since the week of September 19, 2022, when yields moved up nearly 34 basis points. Ironically, the yield settled at 4.212% that week just 8 basic points away from the current level of 4.296%. The catalyst to the upside this week was a better tone in regional banks. That took some of the flig... Read More
Posted: May 19 2023, 19:24
Author Name: forexlive
Views: 102582

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