6.7 C
New York
Friday, March 29, 2024

10Y Treasury Yield Craters Back To A 1 Handle

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

It appears Janet Yellen’s confidence-inspiring testimony that juiced stocks was interpreted as a buying opportunity for bonds. US Treasury yields are now down 10bps on the week with 10Y yields back with a 1% handle

10Y hits 1% handle once again… after 8 days above it…

It appears – judging by the long-end of the bond market – that the market thinks the Fed is about to make a big policy error…

And as 10Y broke 2% so stocks tumbled…

Charts: Bloomberg

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x