88FINANCE
⚡ Markets: Rising US Treasury yields tighten global financial conditions. Bearish for bonds (prices fall as yields rise) and growth stocks (higher discount rate). Bullish for the USD. The failure of a Treasury intervention signals strong underlying selling pressure.US 10Y YieldTLTQQQUSD
The US Treasury announced a $6 billion debt buyback to ease pressure on the bond market, but the move was rebuffed by investors. Treasury yields continued to climb to their highest levels since 2008, signaling persistent concerns over inflation and government borrowing costs.
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