【Daily Political and Economic Hot Topics】US Treasuries' "Black Wednesday"
#US10YTreasuryYieldHits19YearHigh
US Treasuries suffer the most brutal single-day selloff in nearly 18 months: Bessent expects a major new move; oil prices surge on Wednesday, the PMI soars, hawkish voices from the Federal Reserve ring out, and the 5-year Treasury auction falls flat—four major downside shocks resonate at the same time. The 10-year yield breaks 5.1%, hitting a new high since 2007; the market's probability of expecting an additional rate hike in October jumps sharply to 68%. The swap market has already priced in expectations for three rate hikes over the coming year. $BOND.ETF 😊😊😊🤭🤭👍👍👍👍👍👍
#US10YTreasuryYieldHits19YearHigh
US Treasuries suffer the most brutal single-day selloff in nearly 18 months: Bessent expects a major new move; oil prices surge on Wednesday, the PMI soars, hawkish voices from the Federal Reserve ring out, and the 5-year Treasury auction falls flat—four major downside shocks resonate at the same time. The 10-year yield breaks 5.1%, hitting a new high since 2007; the market's probability of expecting an additional rate hike in October jumps sharply to 68%. The swap market has already priced in expectations for three rate hikes over the coming year. $BOND.ETF 😊😊😊🤭🤭👍👍👍👍👍👍