As 5% Treasury yields lose shock value, investors start worrying about 6% - Kitco
As 5% Treasury yields lose shock value, investors start worrying about 6% - Kitco
Source: Kitco
―
DW NOTE
The Treasury market is repricing for a world where the Fed tightened last week and oil inventories are draining at 3 million barrels per day. A 10-year at 4.96% with the Strait of Hormuz closed for seven months isn't shock — it's restraint. The worry now is that 6% won't be a ceiling but a way station.