The glut of Treasury issuance continues to cause angst in the usual circles, and the Fed’s hawkish pause briefly helped push the 10-year yield to a new cycle high of more than 4.5 per cent this week. Despair, thy name is USTs!
Read Full Article »The glut of Treasury issuance continues to cause angst in the usual circles, and the Fed’s hawkish pause briefly helped push the 10-year yield to a new cycle high of more than 4.5 per cent this week. Despair, thy name is USTs!
Read Full Article »