Reported about 10 hours ago
US Treasuries experienced a pause in their rally as traders prepared for upcoming bond sales amounting to $125 billion. The yield on 10-year debt rose to 4.22%, with expectations of a Federal Reserve interest rate cut in September. Market reactions followed weak job data and speculation regarding potential changes in Fed leadership. The yield premium on 30-year notes increased, reflecting investor strategies amid shifting market dynamics.
Source: YAHOO