Source: Schwab Network
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Treasury Bond Buybacks Attacks "Symptom, Not Cause" of Yield Spikes
The Treasury is "attacking the symptom, not the cause" of rising yields, says Liz Ann Sonders (@CharlesSchwab). Momentum in fixed income markets, paired with concerns on inflation and the U.S.-Iran war, is what Liz Ann sees silencing the short-term downtrend in the 10-year yield among related metrics.
Source: Schwab Network
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