Bond Market Update
Updated: 29-Sep-26 09:51 ET
Sellers return; yields up even as oil prices down
Gains Begone
- The overnight gains have quickly dissipated in the cash trade. The 10-yr note yield is flirting with 5.27%.
- Interesting price action considering that oil prices are still trading near their lows of the day (WTI -2.1% to $90.63).
- There wasn't a news catalyst for the turn in Treasury prices.
- Yield check:
- 2-yr: +1 bp to 4.94%
- 3-yr: +2 bps to 5.03%
- 5-yr: +2 bps to 5.09%
- 10-yr: +1 bp to 5.26%
- 30-yr: +1 bp to 5.58%
