Treasury Market Gets Memo with Subject Line: “Higher for Longer” but Someone Scribbled next to it, “Maybe Forever?”

“Neutral rate” creeping higher? Oh dearie! Bloodbath at the long end. The 10-year Treasury yield jumped 14 basis points today to 4.49%, the highest since October 2007. Bond prices fall when yields rise, so this was quite a bloodbath today at the long end of the Treasury market. It seems the…#treasury #etf #qt #treasuries
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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