The 10-year treasury yield hit 4.9% - the very first time we see such rate since 2007. For info, it went above 5% back then. At this rate, it’s sooner or later that we see 5% again.
As shared, this high yield is a competition to the stock market in the near term because it is deemed as less risky.
Investors will be wondering when is this yield topping out? Where is the peak?
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Comments
It's simple supply and demand my friend. $3.1T of Treasuries flooding the market and Treasury auctions are already failing to successfully issue at stable yields with small amounts.
you can't predict the future. Especially when there's a huge reason to believe it could go massively against you and the long term economics are awful.
I just want to say that a drop in the ocean of supply of Treasury auctions are going very poorly thats all.