Treasury yields are hitting fresh 2-year highs.
- 10-years are now up 6 bps on the day to 2.89%
- 30s are up 5 bps to 3.90%
There hasn’t been a great correlation with the dollar and yields in the lates bond market rout but these levels are starting to look better for international investors. If 3% on 10s and 4% on 30s break, it could get much more exciting.
