Bonds Strengthen Further, Dollar Holds Near Lows After Treasury Intervention
U.S. Treasury intervenes as bond yields hit two-decade highs, steadying markets amid Iran threats and economic uncertainty. For tech leaders, the move signals stabilized capital costs and renewed M&A appetite, crucial for capex and investment decisions.
"If there’s a structural reason why bond yields are drifting higher, a bit of short-term intervention buys you a little bit of time, but doesn’t necessarily change the longer-term trajectory"
U.S. Stocks Up as Treasury Buybacks Calm Bond Yields; Moderna Surges
Stock futures were struggling for direction Thursday as Treasury yields
"If there’s a structural reason why bond yields are drifting higher, a bit of short-term intervention buys you a little bit of time, but doesn’t necessarily change the longer-term…