【Bearish U.S. Treasuries】Treasury yields edge higher, putting bond prices under pressure
The U.S. Treasury market reopened after closing for Veterans Day, with yields rising as investors await new inflation and housing data.
Yields and bond prices move in opposite directions: rising yields mean lower prices for existing bonds, so this is generally bearish for Treasuries.
Higher yields could also put more pressure on U.S. stock valuations, which may be unfavorable for growth tech stocks such as $QQQ ; the dollar may receive some support as a result.
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