Zero Hedge
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

30Y Treasury Yield Bursts Above 3.00% - 6-Week Highs

30Y Treasury yields are up 40bps from the Black Monday flash-crash panic low yields, breaking back above 3.00% for the first time since the end of July.  It appears China selling (and rate locks) is trumping Element Capital's buying (for now).



At 3.02%, 30Y just broke another resistance level and is at its highest since July 23rd.


Charts: Bloomberg