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SCHQ - Negative Yields Are No Longer Spanning The Globe
Schwab Long-Term U.S. Treasury ETF
When commenting on the bond market, the tendency is to focus just on U.S. Treasury securities.
The trend here in the U.S. is one that is also occurring all around the globe - higher yields.
While spread comparisons would seem to still benefit Treasuries on an absolute basis, it seems reasonable to expect UST yields could potentially lose some support from overseas buying going forward.