- Prior excessive yield was +1.81%
- Prior public sale of 10y TIPS stopped via by 2.2 bps
On-the-run 10s are buying and selling at 4.27% at present so do the mathematics on anticipated inflation and time period premium. That is on the softer aspect, maybe reflecting some worries in regards to the Fed leaning to the dovish aspect.
This text was written by Adam Button at www.forexlive.com.
