we have crossed 5.3%, a new 52 week high on the 10-year, as the treasury again announces a $6B buyback of 10-20 year debt for tomorrow
this is starting to happen daily at this point and even with PCE being much better than expectations from this morning, which is good for calming some inflation fears, the bond market obviously is showing they once again...do not carelooks they want to see real progress or higher ratesSource: amit
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.