Livewire
Investors are starting to find opportunities in the battered bond market
Battered Treasurys drew fresh inflows as investors looked for signs the market slide may be finding a bottom.
✓Source-backed summarySource: CNBC
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Key developments
- Investors are raising hope that the Treasury market slide is finding a bottom, even with yields still elevated.
- The 10-year Treasury yield spent the day flirting with the psychologically important 5% level.
- Treasurys saw $5.4 billion in inflows over the past week, part of $12.1 billion overall into the bond market, according to data compiled by BofA.
About this report
This concise Alpha Insights summary is based on the linked original source. No market-price claims are inferred from the reported event.
For informational purposes only. Not investment advice.