- Treasurys continue to sell-off as yields on the 10-year move ever closer to 3%. Yields are up 8 bps to 2.98%, a fresh two-year high. TLT -1.1%
- The sell-off is more pronounced in the middle part of the curve where 5-year yields are up 10 bps to 1.84%.
- Perhaps helping to push yields higher is the four-week moving average for new jobless claims which, with today's data, is sitting at its lowest level since October of 2007.
- ETFs- TLH, TLT, IEF, DTYL, DLBL, ILTB, TENZ, ITE, TLO, EDV, VGIT, VGLT, TMF, TYD, LBND, UBT, UST, TMV, TYO, DSTJ, DSXJ, SBND, PST, TBT, DTYS, DLBS, TBF, TTT, TYNS, TYBS, TBX
Treasury sell-off gathers steam, 10-year yield heads to 3%
Sep 5 2013, 12:02 ET