US Treasury Securities
Yield Curve
UST 2Y YTM:
1.01% ( 7 bp)
UST 5Y YTM:
1.54% ( 8 bp)
UST 10Y YTM:
1.83% ( 8 bp)
UST 30Y YTM:
2.14% ( 7 bp)
Negative price action left buyers mistrustful of the market, imprinting a belief that the dip will keep on dipping until proven otherwise.
Other worries in the market included what the Fed will say in next week's policy meeting and the Russia-Ukraine conflict that the U.S. is trying to defuse.
The Treasury market was less of a concern, but only because it was acting as a safe-haven trade from equities.
Comment: Briefing