Is the bond market rout finally over? ...Middle East

10-year Treasury yields took a big tumble in trading yesterday as the Treasury quarterly refunding announcement was not as bad as feared. The flood of supply was lower than anticipated and that sparked a rally in bonds, helped by a less hawkish take by Powell. The latter is just a supplementary factor in my view as it seems like there is a squeeze running now after the heavy selling in the bond market. Have we hit a peak at the 5% mark?Yields are down another 1.2 bps today to 4.722% currently, following the near 20 bps tumble in trading yesterday. That sparked a strong risk rally and it is also leading to a much softer US dollar. In particular, USD/JPY was angling for a breakout only to see

Read More Details
Finally We wish PressBee provided you with enough information of ( Is the bond market rout finally over? )

Also on site :

Possible tornado in Phelps on Monday
Evacuations ordered after brush fire breaks out in Laguna Beach
Photos: A blaze at Cairo telecommunications building causes service disruptions

Is the bond market rout finally over? ...Middle East

Former Northridge insurance executive gets prison time for fraud scheme tied to fine art policies

Amarnath Yatra proceeds smoothly, over 90,000 have ‘darshan’ in five days

A-Listers Love This Body Oil That Diminishes Scars and Stretch Marks

UN chief saddened by loss of life in US Texas flooding

Bachelor Nation Star’s Emotional Cancer Update Moves Fans to Tears

Jazz 88.3 hosts another California Cool Concert, highlights West Coast sound

Bangladesh shifts towards China as India relations strain post-revolution

Two former Red Wings to participate in Home Run Derby

840-acre Knox County solar farm approved; opponents promise to continue fight

Caleb Williams Is Already Better Than $55 Million QB, Says NFL Analyst

Scandal-hit mayor in Shizuoka to resign and seek reelection

80-year-old man accused of beating wife, 78, to death with a hammer after argument over his doctor

Four of family from Hyderabad charred to death in US accident

OnlyFans’ Annie Knight Breaks Silence After Bonnie Blue’s Criticism Of Her

Carlos Alcaraz surpasses Rafael Nadal, three other legends to achieve big milestone after making Wimbledon quarter-finals