US Bonds Recover as Sentiment Lifts on Pause in Selloff, Solid Auction
US Treasuries rebounded Tuesday after a sharp selloff in the previous session pushed long-term yields to multi-decade highs. Investors paused to assess recent moves ahead of next week's inflation data.
US Treasuries recovered on Tuesday after a steep selloff in the prior session sent long-term yields to multi-decade highs, as investors took a pause to evaluate recent moves before next week's inflation data, which could provide fresh clues on the path for interest rates.