Sell Off UST Press FR0090. The ongoing sell-off in the United States (US) bond market pushed up the yield on benchmark Government Securities (SUN). Previously, the 5-year (UST5Y) and 30-year (UST30Y) US Treasuries experienced yield inversion. Yields of UST5Y and UST30Y touched 2.56% and 2.51% respectively. Yield FR0090 was up nearly 5 bps. Yesterday’s market movements were also influenced by Russia and Ukraine preparing to hold face-to-face peace talks.
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