It took awhile, but the Treasury market appears to finally believe the rally in equities and the better economic numbers are for real. The 10-year price is declining sharply again today, giving up the year's gains and back to its level from just before Christmas. The yield is up 6 bps to 2.03%. Is it finally TBT's time to shine?
It took awhile, but the Treasury market appears to finally believe the rally in equities and the...
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