TSX:AX.P.E - Post by User
Post by
garyreinson Apr 08, 2024 4:44pm
57 Views
Post# 35977620
10 year yield
10 year yield "The benchmark 10-year Treasury yield is doing something it hasn’t normally done in the past, by continuing to climb long after the Federal Reserve was presumably done with lifting U.S. interest rates.
The yield BX:TMUBMUSD10Y has “not been trading in a manner consistent with prior peaks” in U.S. interest rates, according to Padhraic Garvey, regional head of research for the Americas at the Netherlands-based bank ING. “Extrapolate that and 5% is a risk’’ for the 10-year Treasury rate, he wrote in a note — a level last seen..."
It sure looks like pulling up a chart that it wants to make another run towards 5%....