10Y Yields Plunge Below 1.50% As Record Short Squeeze Accelerates (Treasuries Resume Bull-Flattening Trend Ahead of 10-Year Auction)
by confoundedinterest17 (Bloomberg) — The dollar slipped and benchmark Treasury yields slipped to a one-month low as investors braced for Thursday’s U.S. inflation report that may give clues on the direction of monetary policy. The greenback weakened against all of its nine developed-world peers. The 10-year rate traded a shade below 1.50%, at the lowest since May 7, … Read more