Daily Morning Call
From the Floor: 10-year Treasury yield within sight of 3% — #SaxoStrats
286 views
US Treasuries are in focus this Monday morning as the 10-year yield edged 2.95% and takes aim at the psychologically important 3% level.
- US 10-year yield is major focus today as 3% is now in sight
- Higher US yields are likely to be headwind for equities globally
- Yield curve steepened slightly
- Chinese tech under pressure and down 1% today
- Oil steady, supported by geopolitical backdrop
- Gold rally fades on rising dollar/yields and potential truce on trade
- Copper trades higher within its established uptrend