While we pause for breath in equity markets, bond markets cont | ForexTime

While we pause for breath in equity markets, bond markets continue to grab the attention of Wall Street with US 10-year yields pushing up above 1.30% which is almost pre-Covid.


The return in real yields is an important issue here as this means markets are getting more optimistic about economic growth expectations.


But the pace of the bond market sell-off too is worrying as we’ve gone from 1.1% to 1.3% in just three days, and if this continues, then risk markets will do an about-turn very sharply.

Focus is increasingly on the US Federal Reserve to provide some reassurance that it... Read More (https://www.forextime.com/market-analysis/us-data-focus)