CatalystFixed Income

The rise in longer-term US Treasury yields continued this morning, fully erasing the initial reaction to the US Treasury’s intervention announcement.

(Bloomberg data below.)

What changed

(Bloomberg data below.) #economy #markets #bonds #yields https://t.co/Yve8wPYcyI — via @elerianm

Why it matters

Treasury yield rise erases intervention reaction, signaling persistent bond market pressure.

Sources