US Treasury Yields Fall 19 Basis Points
Yields fell 19 basis points overnight, the biggest daily move since early 2023; the US long bond rose two full points in price.
A look at the day ahead in European and global markets from Wayne Cole.It's not every day you wake up to see the US long bond up 2 full points in price, but that's what happened overnight. Ten-year yields dived 19 basis points in the biggest daily move since early 2023, when Silicon Valley Bank col…