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Treasurys are getting crushed

Published 11/23/2016, 09:18 AM
Updated 11/23/2016, 10:56 AM
© Investing.com

Moderate selling is having the biggest impact on the belly of the curve where yields are higher by almost 8 basis points. Here's a look at the scoreboard as of 9:16 a.m. ET:

Up front, the 2-year yield has crossed the 1.10% threshold, and is at its highest level since April 2010. Additionally, yields at the long end of the curve are at their highest levels since mid-to-late 2015.

Wednesday's selling has swung the yield curve steeper with the 2-10-year spread wider at 126 bps. The spread would have to climb above 129 bps to top the November 18 high.

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