Reply To: Traders Market Weekly: Neutralizing Contagion

21 Mar '23 at 7:38 am #55293

Participant

The Treasury market is under selling pressure this morning, as some of safety premium embedded there gets unwound.

2-yr note yield is up 21 basis points to 4.13%
10-yr note yield is up eight basis points to 3.56%.

As a reminder, the FOMC meeting starts today and a decision will be announced at 2:00 p.m. ET Wednesday.

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