The bond market is selling off after traders got their Fed forecasts wrong
Bonds have sold off as traders reassess the path of Fed Reserve rate cuts.Strong economic data and the potential for a Trump win have pushed interest
10-year Treasury yield tops 4.2% briefly
The U.S. 10-year Treasury yield extended gains early Tuesday after hitting its highest level since late July.
Dollar hits fresh 2-1/2 month high with US rates, election eyed
NEW YORK :The U.S. dollar rose to a fresh 2-1/2 month high on Tuesday, continuing its recent rise on expectations the Federal Reserve will temper its rate cut path, while investors positioned ahead of a tight U.S. presidential election.The greenback has risen for three straight weeks and on track for its 15th
USD/CHF depreciates to near 0.8650, downside risk seems restrained due to higher US yields
USD/CHF offers its gains from the previous session, trading around 0.8650 during the early European hours on Tuesday.
Treasury Yields Surge to Highest Level Since July
Treasury yields climbed by the most in weeks on Monday as markets continued to recalibrate their interest rate expectations while assessing the likelihood of a soft landing for the U.S. economy.
10-year Treasury yield surges to highest since late July, nearing 4.2%
The U.S. 10-year Treasury yield rose to its highest level since late July, ending the day up by nearly 12 basis points.
last updated on 22 Oct 19:17