That’s a good sign
US 10-year yields are down 8 bps to 1.43% and 30s are down 11 bps to 2.17%. Both are at or just above the lows of the day.
The question is whether that’s month-end rebalancing flows or if it’s a sign that the bond rout is exhausted.
US 10-year yields are down 8 bps to 1.43% and 30s are down 11 bps to 2.17%. Both are at or just above the lows of the day.
The question is whether that’s month-end rebalancing flows or if it’s a sign that the bond rout is exhausted.