CatalystFixed Income
It’s a classic safe-haven day in the US Treasury market—and we haven't seen one in quite a while!
Tech jitters are driving a flight to quality, sending yields tumbling (please see the Bloomberg chart of the 10 year yield).
Context
What happened: A safe-haven day in the US Treasury market, described as the first in quite a while, with tech jitters driving a flight to quality and yields tumbling.
Why it matters: Higher oil prices are feeding growth fears rather than inflation concerns, according to the post.
Key numbers: The post references a Bloomberg chart of the 10 year yield but cites no specific figures.
Coverage: 3 outlets in 24h
What changed
A safe-haven day in the US Treasury market, described as the first in quite a while, with tech jitters driving a flight to quality and yields tumbling.
Why it matters
Higher oil prices are feeding growth fears rather than inflation concerns, according to the post.
Key numbers: The post references a Bloomberg chart of the 10 year yield but cites no specific figures.