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Market Impact: 0.55
Latest U.S. Treasury buyback falls short of market hopes
Source: youtube.com
Interest Rates & YieldsCredit & Bond MarketsMarket Technicals & Flows
A disappointing U.S. Treasury buyback has added selling pressure across global bond markets, while the 10-year Treasury yield approaches 5%. The move signals weakening demand/technical support for government debt and raises the risk of further upward pressure on global borrowing costs.
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moderately negative
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