The bond market has pretty much given up on this risk rally


Yields nearly unchanged

  • US 2-year yields up 2 bps to 0.41% from a high of 0.50%
  • US 5-year yields up 3.5bps to 0.51% from high of 0.65%
  • US 10-year yields up 4.6 bps to 0.58% from high of 0.74%
  • US 30-year yields up 3.2 bps to 1.03% from high of 1.26%

Here’s a look at 30-year yields:

Yields nearly unchanged

Is that a head & shoulders pattern?


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