Premarket: Bond relief ebbs, stocks fall as investors question U.S. Treasury’s rescue efforts

U.S. government bonds sold off again on Thursday, and the early “bond market reprieve” appeared to fade as investors questioned how effective Treasury support would be. The move kept stocks under pressure, signaling renewed pressure on rates/yields and risk appetite.

Analysis

U.S. government bonds sold off again on Thursday, and the early “bond market reprieve” appeared to fade as investors questioned how effective Treasury support would be. The move kept stocks under pressure, signaling renewed pressure on rates/yields and risk appetite.