U.S. Bonds Sink as Yields Spike Higher (Treasury And Dollar Swap Curves Steepen As European 10Y Sovereign Yields Range Breach)
by confoundedinterest17 U.S. 10-year yields are spiking upwards in what was supposed to be a sleepy day before the Fed’s Jackson Hole conference. The 2s10s curve is the steepest in two weeks. Eurodollar yields too have risen sharply and are up …
