Bond yields march higher, reversing the weekly trend

Yields march higher

The fall in yields this week was a tough one to explain given the reflationary impulse virtually everywhere else.

The move has finally cracked though with US 10s up 5.3 bps on the day, reversing about half of the weekly decline. The risk is that this move extends and spills over into the dollar (higher) and stocks (lower).

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October 16, 2021 at 01:40AM
Adam Button
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