The Trump Put Struck, Bond Market Turmoil
12
2
The president caved after the 30-year bond yield hit 5%. The bond market drove the financial landscape, with equity markets following. Late Tuesday, the bond market showed signs of distress, with the 30-year yield rising 21bps to 5%. Strain was also visible in monetary system components, highlighted by the SOFR/IORB spread. The situation raised concerns about financial stability.
By:
Previous
Magic Eden Moves Beyond NFTs with Slingshot Acquisition
Next
ZKFair Denies Rug Pull After Suspicious Bridge Transfer
