After the 10-year Treasury yield’s rise to high of 4.505% last week from a low of 3.599% in mid-September, technical conditions are overextended, UOB said.
Money markets are pricing the terminal rate at 1.75%, according to LSEG data. - Emese Bartha Basis Points The U.S. dollar keeps powering higher : After strengthening nearly 3% since Election Day, the ...
"Some further hedging, de-risking, and position squaring could well be seen as election day looms large," the senior research strategist said in a note. In the U.S. Treasury market, Monday's $58 ...