⚖️❗️Swiss Rates Underperformed, Front-End Up 18Bps: Cable FX Macro
- Rosbel Durán
- Mar 26, 2023
- 1 min read
**As seen in Macro Walk report 03/24/23, subscribe at cablefxm.co.uk/reports
The front-end of the Swiss yield curve saw the 2-year yield rise by 18 basis points, the 10-year yield rose 15bps on the week. Swiss rates underperformed the rest of our tracking list, the only move to come close was seen in U.K. 1-year gilts, up 17 basis points
U.S. Treasuries were bid, the 2-year yield fell by 7 basis points on the week, the 10-year yield declined by 6 basis points. The long-end was offered, but the move in the 30-year yield was marginal. 2s10s curve inversion is now at 39 basis points, up from 90 basis points at the beginning of the month
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