The global slide in bonds deepened on Thursday, with oil returning to trade above $105 per barrel, heightening inflation fears after the U.S. Treasury bond market suffered its biggest drop since the settlement tied to last year’s trade war.
Yields on U.S. Treasury notes due in 10 years rose to 5.15% on Thursday, up 0.03 percentage point—the highest level since 2007—before falling back to 5.12%.
This increase followed a 0.15 percentage-point jump on Wednesday, driven by a rise in oil prices and strong economic data, which led the Federal Reserve to anticipate faster interest-rate hikes. Bond yields rise when prices fall.
$QI $XPL $QNT 👀👀👀👀👀
#oil #GlobalBondFlows
Yields on U.S. Treasury notes due in 10 years rose to 5.15% on Thursday, up 0.03 percentage point—the highest level since 2007—before falling back to 5.12%.
This increase followed a 0.15 percentage-point jump on Wednesday, driven by a rise in oil prices and strong economic data, which led the Federal Reserve to anticipate faster interest-rate hikes. Bond yields rise when prices fall.
$QI $XPL $QNT 👀👀👀👀👀
#oil #GlobalBondFlows
