Many investors tend to only focus on Treasury yields forgetting that sovereign bonds are fungible. I flagged to clients a possible break of Bund futures at the end of May with a 120 target. In cash terms, that's 75bps higher and would add at least 50bps onto US 10yr yields.
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The US Treasury started issuing 4-week (1-month) Treasury Bills in July 2001.
Yesterday the 1-month Treasury Bill exceeded its 5.24% record high yield set on March 1, 2007.
I bet you never thought you be able to again say that a US Treasury yield set a new all-time high!
#EURUSD: Apart from options related bids at parity and focus on this afternoon's US CPI print, this is the only chart you need to worry about when it comes to the s/t direction. Will Gazprom reinstate #gas supplies through #NordStream when maintenance finishes next week? #forex
Things are moving so fast. The start of the tokenisation of real estate is happening...its an $80trn+ market
How Tokenization Can Revitalize the Real Estate Industry | Real Vision https://t.co/ey7CTHVUud