The world’s most important bond market is stuck in its worst rut in more than half a century. Ten-year U.S. Treasury yields have been locked between 2.01 percent and 2.63 percent in 2017 -- a measly 62 basis points. That’s the tightest trading range since 1965 and analysts see little capacity for a breakout going forward: The median year-end estimate of 62 analysts and strategists surveyed by Bloomberg is for 2.48 percent.
Source: Bloomberg Pro Terminal
Trader I. Ivanov
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