US Bond Yield Rise Remains Relatively Orderly

Dow Jones
10/01

2201 GMT - Bond markets remain under pressure, most notably at the longer end of the U.S. Treasury curve where yields continue to rise. The U.S. 10-year is trading near an intraday high of 5.30% and the 30-year at 5.64%, says NAB in a note to clients. The U.S. 30-year rose 40 basis points in September, and the 10-year was up by 55 basis points. For now, the repricing can be described as somewhat orderly, as it has coincided with a meaningful shift in Fed expectations, NAB adds.

 

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