Government treasury
bonds rallied sharply, enabling our position in TMF to rocket 4.5 % higher yesterday.
Not exact matches
Oil - which
rallied sharply off of Netanyahu's comments yesterday regarding Iran - pulled back to $ 67.73, while the US 10 - year
bond yield remained steady between 2.951 % - 2.963 %.
Rebalance: While stocks have
rallied sharply,
bond yields have improved somewhat (recall that
bond prices move in opposite direction to
bond yields)-- 10 - year
bonds are now yielding 3.5 % up from around 3.0 % in March.