Thoughts on the Treasury Bond Selloff
Here are some thoughts on the recent selloff in bonds.
First, the 10-year Treasury has broken through the range that it had established back in September. That's when the bond sold off over a two-week period, from a yield of 1.55% to 1.87%. The 10-year briefly pierced this Jan. 3, when it closed at 1.91%, but it broke through the range more decisively Friday. It has since held above 1.87% (or 1.91%, if you like), even on an intraday basis....573 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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