November 28, 2022 18:39 GMT
BBDXY Approaches Day Highs As Real Yields Climb On Fedspeak
US
- BBDXY approaching day highs, currently up 0.45% after a 0.8% intraday swing.
- The extension over the past 90 mins have been helped by push back from Williams and Bullard on 2023 rate cut expectations along with Mester earlier wanting to see a several more good inflation reports, pushing 10Y real yields 6.5bps higher on the day.
- Combines with earlier headlines on BlockFi Chapter 11 filing weighing on risk assets.
Source: Bloomberg
83 words