Bond Selloff Sparks “Tough Day” Amid Fiscal Fears and Auction Miss

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BondWatch Editorial

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Today’s Brief US Treasury Yields Climb Significantly: It was described as a “Tough Day” for U.S. Treasuries. Treasury bond prices continued to face selling pressure, with yields rising between 25-35 basis points month to date, and finished higher across the curve today. The 10-year Treasury yield reached nearly 4.6% and settled at 4.60% (+12bps), while…...

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