Despite a big green day in equities worldwide, price action in Treasuries reminds that risk...
Despite a big green day in equities worldwide, price action in Treasuries reminds that risk remains and the economy is still slow. A Pavlovian move higher early reverses with the 10 year yield now lower by a basis point to 1.96%, after hitting 2.08% this morning. TLT flat for the day, +28% YTD.
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