10 Year Yield Jumps To New 2 Year High

Submitted by Tyler Durden on 08/15/2013 08:24 -0400

• Bond

Up 115bps in 3 months, the 10Y Treasury bond yield just broke above 2.7535% - a level not seen since August 2011. The 3.5% 'disorderly rotation' level remains the next 'target' but we can't help but notice the similarity to the Oct 2010 to Feb 2011 move...

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