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Non story? "US Bonds Skyrocket: 'Market Meltdown'" - https://www.newsweek.com/bond-skyrocket-market-2057266 https://www.newsweek.com/bond-skyrocket-market-2057
by belter 2y ago
Non story?
"US Bonds Skyrocket: 'Market Meltdown'" - https://www.newsweek.com/bond-skyrocket-market-2057266 https://www.newsweek.com/bond-skyrocket-market-2057266
"US Treasuries were hit hard, with the 10-year yield, a global benchmark for borrowing costs, jumping to 4.51 per cent" - https://www.ft.com/content/f3e0ee58-47a0-41c4-b021-ed19d27da6e7 https://www.ft.com/content/f3e0ee58-47a0-41c4-b021-ed19d27da...
- pera 2y agoI guess the GP meant that the NYT article is not very informative. Bloomberg imo did a way better job reporting this event: > “This is a fire sale of Treasuries,” said Calvin Yeoh, portfolio manager at hedge fund Blue Edge Advisors Pte. who is selling 20 to 30-year Treasuries futures. “I haven’t seen moves or volatility of this size since the chaos of the pandemic.” https://finance.yahoo.com/news/treasuries-fire-sale-sends-long-065717018.html https://finance.yahoo.com/news/treasuries-fire-sale-sends-lo...