U.S. Treasurys are now firmly in the 'danger zone,' strategists say
U.S. Treasurys are currently in a 'danger zone' due to rising long-term yields, which are raising concerns about inflation and interest rates. The 30-year Treasury yield has surpassed 5.19%, marking its highest level since 2007, while the 10-year yield is approaching 4.69%. HSBC strategists warn that further increases in yields could negatively impact risk assets across the board.
- ▪The 30-year Treasury yield has reached its highest level since 2007, exceeding 5.19%.
- ▪The benchmark 10-year yield is nearing 4.69%.
- ▪HSBC strategists indicate that U.S. Treasuries are in a 'danger zone' that pressures all asset classes.
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U.S. Treasurys have entered a "danger zone" as surging long-term yields raise fears that sticky inflation and hawkish rate expectations could begin spilling over into equities and broader risk assets, said HSBC.The selloff in government bonds intensified Tuesday, pushing the 30-year Treasury yield above 5.19% to its highest level since 2007. Meanwhile, the benchmark 10-year yield climbed toward 4.69%.Yields on the 30-year are up slightly less than 1 basis point at 5.184% as of 9:10p.m. ET, while yields on the 10 year are at 4.667%."U.S.
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