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⚖️🔻10-Year Yields Sees Worst Two-Day Performance Since March: Cable FX Macro

  • The 10-year yield is set to decline 26 basis points over the last two-sessions, Treasury rates continue to be bid on Thursday after FOMC-induced buying

  • Fed Wednesday saw the 10-year drop by 20bps while the 2-year yield slipped below 5.0% to record a one standard deviation daily move

  • Bids extend on Thursday session while the Treasury curve twist flattens, 2s10s drop by 11.2 basis points 2s30s fall by 16.6 basis points


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