Today Market will be in pressure
🚨 MASSIVE SURGE IN U.S. TREASURY YIELDS!
U.S. bond yields jumped sharply:
• 5-Year Treasury: +15 bps → 4.99%
• 10-Year Treasury: +14 bps → 5.11%
• 30-Year Treasury: +10 bps → 5.40%
3 key reasons behind the spike:
1. Surge in crude oil prices due to Iran statements
2. Stronger-than-expected PMI data
3. Weak demand at the Treasury auction
Rising yields indicate increasing pressure in the bond market and can also influence borrowing costs and broader financial markets.
🚨 MASSIVE SURGE IN U.S. TREASURY YIELDS!
U.S. bond yields jumped sharply:
• 5-Year Treasury: +15 bps → 4.99%
• 10-Year Treasury: +14 bps → 5.11%
• 30-Year Treasury: +10 bps → 5.40%
3 key reasons behind the spike:
1. Surge in crude oil prices due to Iran statements
2. Stronger-than-expected PMI data
3. Weak demand at the Treasury auction
Rising yields indicate increasing pressure in the bond market and can also influence borrowing costs and broader financial markets.