(USTs lower/steeper on slightly above avg volumes) while WE slept; signs labor mkt cracking; dealin' w/ceiling, a timeline; regional banks bid (short covering?)
thebondbeat.substack.com
Good morning … Shaking things up a bit this morning (slow news day) and leading off with a snippet of a Global Macro Commentary detailing yesterday. UST sell-off continues amid more harmonious debt-limit talks, relief rally in regional US banks; NOK lags G10 peers, despite rise in Brent crude; BTPs outperform EGB peers, bull-flatten; Riksbank's Floden defers on June meeting action; USD/CNH rises above 7.00; US 10y at 3.564% (+3.0bp).
(USTs lower/steeper on slightly above avg volumes) while WE slept; signs labor mkt cracking; dealin' w/ceiling, a timeline; regional banks bid (short covering?)
(USTs lower/steeper on slightly above avg…
(USTs lower/steeper on slightly above avg volumes) while WE slept; signs labor mkt cracking; dealin' w/ceiling, a timeline; regional banks bid (short covering?)
Good morning … Shaking things up a bit this morning (slow news day) and leading off with a snippet of a Global Macro Commentary detailing yesterday. UST sell-off continues amid more harmonious debt-limit talks, relief rally in regional US banks; NOK lags G10 peers, despite rise in Brent crude; BTPs outperform EGB peers, bull-flatten; Riksbank's Floden defers on June meeting action; USD/CNH rises above 7.00; US 10y at 3.564% (+3.0bp).