US Treasury bonds are again on the rise after a few months of cooling down, which has raised concerns. Analysts weighed in after a disastrous nonfarm payroll, far below expectations, and renewed recession fears – with gold standing out.
On November 1, US Treasury bonds of different maturity time frames surged to local highs, raising concerns among analysts. As Finbold retrieved, the 10-year bonds (US10Y) closed Friday at 4.386%. Yet, it reached a 4.39% peak together with a 4.579% US30Y, which The Great Martis warned “is worsening.”