Continued Inflows into Treasury Market and Sharp Yield Drop
- 1Investors are allocating funds to fixed-income assets and government debt.
- 2Treasury inflows reached $5.4 billion over the past week, contributing to a total bond market inflow of $12.1 billion.
- 3The 10-year yield fell by 19 basis points on Thursday, representing a 3-standard deviation move.
So what's the key point?
A total of $5.4 billion flowed into the bond market where people lend money to the government. As money flowed into bonds, the 10-year yield dropped significantly.
Source CNBC · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.