Feb 12, 01:57 PM

10-Year Treasury Yield ($TNX) Rises 11 Basis Points, Approaches 4.6% Threshold; 40% of $TLT Shares Held Short

The yield on the 10-year Treasury note ($TNX) has seen notable upward movement, increasing by 11 basis points recently. Analysts suggest that if $TNX surpasses 4.6%, it could signal a shift towards higher yields, opening up potential for further increases. This comes amid a resurgence in bond selling activity after a period of stability in Treasury yields. Additionally, short interest in the iShares 20+ Year Treasury Bond ETF ($TLT) has risen, with nearly 40% of its shares held short, indicating heightened trading activity in the bond market. Over the past five years, $TNX has experienced 312 instances of 10-basis-point movements.

#Treasury

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