Treasuries Threaten to Break Decades-Long Bullish Trend Line
The Treasury 10-year yield is on the verge of breaching a downward trend line that characterized the bond bull market for decades.
The Treasury 10-year yield is on the verge of breaching a downward trend line that characterized the bond bull market for decades.
Global bond markets have suffered unprecedented losses since peaking last year, as central banks including the Federal Reserve look to tighten policy.
Fed chair Powell hinted at a mega–rate hike. The markets are banking on more than one.
Sharp moves in the U.S. Treasury market are increasingly pointing to the risk of an approaching recession.
Fed Res. Bank of St. Louis Pres. James Bullard said U.S. monetary policy needs to be tightened quickly to stop putting upward pressure on inflation.
Central bank’s hawkish wing urged a faster pace of policy tightening and a onetime dove said there could be a case for aggressive action.
Despite a string of records in his first year in office, Biden has yet to tweet about the market at all.