10-year Treasury yield extends climb above 3%

Financial Times/Staff/9-18-2018

“The benchmark 10-year Treasury yield extended its move above a key 3 per cent threshold on Tuesday, as investors took new trade tariffs into their stride and instead responded to expectations of further interest rate increases by the Federal Reserve.”

USAGOLD note:  The latest TIC report posted above shows a minor reduction in China’s bond holdings. Some in the media say that news may have triggered today’s Treasuries’ sell-off.

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