The sharp volatility in long-term U.S. Treasury yields: is it a false breakout or the beginning of a new round of repricing?
After the recent sharp rise, long-term U.S. Treasury yields have pulled back but still hover near key technical levels, with the market showing clear disagreement over the sustainability of this breakout.
The 10-year Treasury yield has fallen back to the lower boundary of its upward channel, while the 30-year