Treasury yields pull back ahead of FOMC minutes

Treasury yields pulled back slightly on Wednesday from multi-decade highs seen on the previous day, as a sell-off at the long end of the curve eased investor jitters.  The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell 2 basis points to 4.686%. The 2-year Treasury note…

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Ditch cash, long-term bonds. The market’s safety trade money has moved

U.S. dollar banknotes Jose Luis Gonzalez | Reuters Many investors are turning to short-term investments, particularly ultra-short bond funds, amid persistent concerns that the equity market is headed for an inevitable downturn and long-term bonds like the 10-year treasury are not providing the diversification benefits that they have provided within portfolios historically. Stock market returns…

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a divided Fed holds interest rates steady

U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. At 3:20 a.m. ET, the 30-year Treasury bond had risen more than 9 basis points to 5.236% after hitting its highest level since July 2007 on…

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