From Bloomberg: U.S. Treasuries led a global rally in some of the world’s safest assets after President Donald Trump imposed a one-month deadline on China to agree a trade deal or risk tariffs on all of its exports.
From Thomas Franck & Silvia Amaro: U.S. government debt yields rose on Thursday as investors pored over the Federal Reserve’s latest statement as well as commentary from Chairman Jerome Powell.
From Wayne Duggan: The U.S. Treasury completed auctions for $24 billion in 10-year notes Wednesday. With the spread between two-year and 10-year Treasuries at its lowest point since the financial crisis in 2008, investors were playing close attention.
From Thomas Franck: The yield on the benchmark 10-year Treasury note fell to its lowest level since January 2018 on Thursday, a day after the Federal Reserve held interest rates steady and suggested it will keep rates the same for the rest of the year.
From Thomas Franck:
From Ksenia Galouchko (Bloomberg): (Bloomberg) — Reports of the death of bonds as a hedge against stock nightmares have been greatly exaggerated.
From John Ainger: Goldman Sachs Group Inc. joined a growing number of Wall Street banks lowering their forecasts for Treasury yields in the face of slowing global economic growth and faltering bets on tighter monetary policy.