Impending 10-Day Crucial Period for Bond Market Amid Selloff

Reported about 1 month ago

The US bond market faces a critical two-week period following its worst selloff in six months, with key events, including a Treasury announcement on debt sales and October payroll figures, likely to influence market directions. Market experts highlight the risk of further selloff, particularly with the upcoming presidential election and potential Federal Reserve rate changes. Traders are currently positioned for possible yield spikes as they anticipate the impact of economic data and election outcomes on interest rates.

Source: YAHOO

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