U.S. Treasury Yields Surge Amid Iran War, Market Volatility Rises
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
U.S. Treasury yields have risen sharply since the war with Iran began in February. The 10-year yield increased by 135 basis points to 5.23 per cent, while the 30-year yield rose around 110 basis points to 5.614 per cent. Investors are observing whether bond selling will accelerate, and the cost of insuring against a 200-basis-point rise in 10-year U.S. swap rates is currently 132 basis points.
From bnnbloomberg.ca
Why it matters
The sharp increase in Treasury yields and rising volatility indicate significant market stress in the bond market. Dustin Reid, a fixed income strategist at Mackenzie Investments, noted that market participants are currently recalibrating their expectations amid these conditions.
From bnnbloomberg.ca
Who's involved
- Mackenzie InvestmentsCanadian investment management firm where Dustin Reid serves as a fixed income strategist
- Dustin ReidFixed income strategist at Mackenzie Investments who commented on market expectations
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The entities involved
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Silicon Valley Bank
American banking service
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Dustin Reid
volleyball player
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Mackenzie Investments
Canadian investment management firm
Nothing else this week.