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Treasury yields are higher as volatile month for the bond market continues - TL;DR CNBC

Treasury yields are higher as volatile month for the bond market continues

Publishing timestamp: 2023-03-29 09:03:57


Summary

U.S. Treasury yields have slightly increased as investors cautiously optimistic that recent banking turmoil has settled. European banking stocks are higher as confidence returns to the sector and UBS brings back former CEO Sergio Ermotti to oversee its acquisition of Credit Suisse. Risk assets are back in favor, with European tech stocks up and Nasdaq futures rising. The Treasury saw solid demand for its five-year notes auction.


Sentiment: NEUTRAL

Tickers: UBSUS10YUBSG-CHCSG.N-CHUS2Y

Keywords: ubs group agu.s. economybreaking news: marketsbusiness newscredit suisse group ageconomic eventsunited statesbonds

Source: https://www.cnbc.com/2023/03/29/treasury-yields-nudge-slightly-lower-as-investor-nerves-settle.html


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