The backup in Treasury yields - with the 10-year hitting 2% today for the first time in nearly a...
The backup in Treasury yields - with the 10-year hitting 2% today for the first time in nearly a year - is a buying opportunity, according to Capital Economics' John Higgins. One datapoint of interest: In 7 major tightening cycles since the early 1970s, the trough in Treasury yields occurred an average 7 months before the first Fed Funds tightening.
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