US Treasury yields spike after PPI, 30Y above 5.34% and 10Y at 4.9%
After the PPI release, the US 30-year Treasury yield rose above 5.34%, erasing the drop triggered by Bessent's intervention, while the 10-year hit 4.9% (highest since November 2023) and the 2-year climbed above 4.5%. Oil traded above $100.
Detected & updated continuously · Source: Nebula
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@martypartymusic
US 30Y YIELD RISES ABOVE 5.34%, ERASES BESSENT'S INTERVENTION DROP US10Y YIELD HITS 4.9%, HIGHEST SINCE NOV 2023 US02Y YIELD CLIMBS ABOVE 4.5%, HIGHEST SINCE JULY 2024 TRADERS FULLY PRICE IN FED RATE HIKE IN OCTOBER AFTER PPI DATA OIL > 100
@CoinPostMedia
BREAKING: MARKETS ASSIGN 100% PROBABILITY TO OCTOBER FED RATE HIKE FOLLOWING PPI RELEASE 🔻 The US 30-year yield climbed above 5.34%, fully reversing the decline sparked by Bessent's intervention. 🔻 The US 10-year Treasury yield reached 4.9%, its highest mark since November https://t.co/QBQbKkWoqK