* This article was originally published here
Thursday, March 18, 2021
U.S. Treasury Yield Climbs Sharply in Spite of Fed’s Message and Lifts Dollar
Markets aren’t buying yesterday’s dovish policy message from the Federal Reserve. The 10-year U.S. Treasury yield roared ten basis points higher overnight to 1.74%, just shy of doubling mid-December’s level. The 10-year British gilt yield rose 6 basis points even though the Bank of England maintained its policy settings, too, and called its current monetary […]
* This article was originally published here
* This article was originally published here
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