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US yields trade to new highs after Fitch comments

US yields trade to new highs after Fitch comments
The US yields are moving to new highs after the comments from Fitch that the US would remain on negative credit watch (to be resolved in the 3rd quarter).The 2-year yield is up near 4.5% up 15 basis points and 4.491%. The 10-year yield is at 3.681% up 7.3 basis points. Its high yield reached 3.691%.Looking at the hourly chart of the 10-year yield, the high-yield tested the falling 100- hour moving average at 3.688% (moved briefly above the level, but backed off). A move above would have traders... Read More
Posted: Jun 2 2023, 17:00
Author Name: forexlive
Views: 102629

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