WS #13326
30Y Treasury yield near 20-year high (~5.26%), TLT below $82, and ISM Manufacturing PMI at four-year high (55.6) reinforce hawkish Fed expectations, pressuring bonds and gold.
Bond market selloff and hawkish Fed
30Y Treasury yield near 20-year high (~5.26%), TLT below $82, and ISM Manufacturing PMI at four-year high (55.6) reinforce hawkish Fed expectations, pressuring bonds and gold.