US 10y Yield Nearing 3% Level While 30 year Tested psychological Landmark

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US 10y Yield Nearing 3% Level While 30 year Tested psychological Landmark

Markets Markets shifted into higher gear yesterday after a false start on Monday with European markets still closed and lower-volume trading in the US. Core bonds again took center stage. US Treasuries underperformed Bunds, especially at the front-end of the curve. Hawkish comments from Fed governors including Bullard (doesn't rule out a 75 bps hike) […]

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