Low impact
US Treasury yields rose broadly by about 15bp with the 5-year breaking above 5% for the first time since 2007, the dollar index topped 101, Brent crude jumped 4%, while spot gold and silver fell 1.6% and 3.9% respectively; separately Hassett criticized Fed officials backing rate hikes and called for restoring Fed independence, the US Treasury will buy back $4-6 billion of long-dated bonds Thursday, and Rubio said Russia and Ukraine are both interested in a limited ceasefire after meeting Russia's foreign minister.
Jin1009/24, 05:29 AM