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: UBS, US10Y, UBSG-CH, CSG.N-CH, US2Y,
Keywords: ubs group ag, u.s. economy, breaking news: markets, business news, credit suisse group ag, economic events, united states, bonds,
Source: https://www.cnbc.com/2023/03/29/treasury-yields-nudge-slightly-lower-as-investor-nerves-settle.html