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"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
"Door Of Doom" Looms As 30 Year Yield Soars To 19 Year High After Two Huge Treasury Block Sales
Bond yields continued to move sharply higher today, driven in large part by the aggressive repricing in the oil strip as markets (finally) price in a lengthy disruption to Hormuz traffic which has pushed year-end prices higher by about $12 in the past month.
The result has been a spike across virtually all tenors:
*US 2-YEAR YIELD RISES TO 4.11%, HIGHEST SINCE FEBRUARY 2025
*TREASURY 5- AND 7-YEAR YIELDS RISE 10 BASIS POINTS ON...
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Authored by John & Nisha Whitehead via The Rurtherford Institute,
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This is a year of strange anniversaries.
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