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Heavy buying over the past week has centered on options that would stand to benefit from US 10-year yields dropping to roughly 4.3%, some 15 basis points below where they are now and the lowest in more than a month.
Thanks to the efforts of the Family Resource Center and generous community members, local families have something to be thankful for this Thanksgiving. Wednesday evening members of the Prairie Pals 4-H Club were at the center helping to put together Thanksgiving baskets filled with turkey and all the trimmings to be distributed to community members […]
(Bloomberg) -- A build-up of short positions in long-dated Treasuries has sent ripples through some measures of interest-rate volatility, where daily moves are rivaling those of the March 2020 liquidity crisis.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateUS Equities Remain in Retreat as Bonds Rebound: Markets WrapChina’s Hidden Financial Dangers Erupt With Shadow Bank CrisisBitcoin Calm Shatte
Gold was at $1 846.59 an ounce.
(Bloomberg) -- The Treasury market appears more likely to respond in a logical way to Wednesday’s Federal Reserve communications because of indications that the past week’s U.S. stock-market bloodbath cleared out a crowded camp of bets on higher yields.