Treasuries eye second day of gains amid high yields
Treasury yields hit 24-year highs of 5.34% on October 1st, following the steepest quarterly rise in 32 years. Despite the bond rout, some buyers re-entered the market, drawn by the elevated yields.
34% on the first trading day of October after their steepest quarterly rise in 32 years. The bond rout nonetheless drew some buyers back into the market, with yields…