52 days ago • Posted by William Ramstein

10 year treasury rate keeps rising

For all the recent whiplash in bond markets though, Friday provided some respite amid some month-end buying and attempts by policy makers to soothe markets. European Central Bank Executive Board member Isabel Schnabel said more stimulus could be added if the surge in yields hurts growth, while Fed Chair Jerome Powell called the run-up in yields “a statement of confidence” in the economic outlook. Source: Bloomberg