U.S. Government Struggles To Keep A Lid On 10-Year Treasury Yield And Mortgage Rates
Source: SeekingAlpha
2026-01-26 12:55:00 ET
The “rate check” on Friday to put a floor under the yen was the latest step.
On around midday Friday came the latest step, a “rate check,” with which Treasury Secretary Scott Bessent attempted to put a floor under the yen that had plunged against the dollar and push back down long-term US Treasury yields that had surged, as he saw the turmoil in the Japanese bond market and the plunge of the yen bleeding over into the US....
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U.S. Government Struggles To Keep A Lid On 10-Year Treasury Yield And Mortgage Rates
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