10-year Treasury yield hits new 52-week high above 5.3% as Treasury announces another $6B buyback of 10-20 year debt

The 10-year Treasury yield crossed 5.3% to a new 52-week high on Wednesday, even after a better-than-expected PCE inflation reading. The Treasury announced another $6B buyback of 10-20 year debt for the following day, a step now occurring almost daily.

Detected & updated continuously · Source: Nebula