Reply To: Traders Market Weekly: Inflation and Bank Run Charades


In the Treasury market, the nervousness about the debt ceiling issue, an economic slowdown, and the behavior of the bank stocks has fueled buying interest in most tenors.

The 2-yr note yield is down 16 basis points to 3.96% and the 10-yr note yield is down 13 basis points to 3.43%.
The 3-month T-bill yield, however, is up 13 basis points to 5.15% in direct response to Secretary Yellen’s warning.

CBOE Volatility Index surged 15.3%, or 2.46, to 18.44.