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SCHQ - 10-year yield soars to 3-month high as traders price in rate hike
Schwab Long-Term U.S. Treasury ETF
There's no particular news out today, but fixed-income traders must finally have woken up and taken note of a stock market at all-time highs, an unemployment rate of 3.5%, and the easing of trade tension with China. Yields at the long end of the Treasury curve are flying higher, with the 10-year up 11.4 basis pints to 1.924% - that's the highest since August 1. TLT-1.8%, TBT+3.6%
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