BM Pro Daily - A Reversal In Rising Yields
U.S. 10-Year Peaks At 3.19%
In previous issues, we’ve highlighted the unique pace and period of rising interest rates as the U.S. 10-year treasury bond went from 1.35% to 3.19% at its recent peak in less than six months. Now over the last few weeks, we’ve seen a sharp reversal in interest rates, especially longer duration, as markets seem to be pricing i…
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