Market Comment | The US 10Y Treasury yield surpassed 3% ahead of FOMC policy decision

Summary

  Global yields increased across the board ahead of today’s FOMC policy meeting. After the BoJ allowed a higher fluctuation range for the 10Y Japanese bond yield, the Japan 10Y reference rose sharply (6 bps) with an impact on other global bond yields. The US 10Y Treasury yield surpassed the 3% threshold, also boosted by news […]

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