US Government Bonds Hit 10 Month High
- 6 years ago
US government bonds hit a 10-month high on the same day China will reportedly slow their purchases of US Treasuries.
According to Bloomberg, some Chinese officials stated that the market for US government bonds is becoming less attractive when compared to other assets.
But the yield on 10-year U.S. Treasuries hit a 10-month high, despite a slump in the dollar compared against other currencies.
According to Bloomberg, some Chinese officials stated that the market for US government bonds is becoming less attractive when compared to other assets.
But the yield on 10-year U.S. Treasuries hit a 10-month high, despite a slump in the dollar compared against other currencies.