@cat9.bsky.socialThe benchmark 10-year Treasury was up nearly 8 basis points at 5.35% — its highest level since 2002. The 30-year Treasury bond rose 8.3 basis points to 5.724%, also reaching a 24-year high. The 2-year Treasury note yield was up 2.7 basis points to 4.818%.
@wnhy.bsky.socialwww.marketwatch.com/story/as-tre...
The big debate for #bonds is whether 5% yields are a ceiling — or a new floor. The bond market has taken down more governments historically than howitzers we can only hope that it takes #Trump out asap. #auspol #ukpol #uspol #potus #10yearbonds
@wnhy.bsky.socialwww.marketwatch.com/investing/bo...
#USbonds march inexorably towards recession as yields continue to rise.
#interestrates #inflation #Trumpcession #Trumpflation #10yearbonds