The benchmark Treasury yield hit a 14-month high as big banks shed debt holdings ahead of a March 31 regulatory change and as traders preparing to rebalance their portfolios for quarter-end faced poor liquidity in the market. The 10-year yield on Tuesday rose as high as…
TREASURIES-Benchmark yield hits 14-month high as SLR expiry, quarter-end near
2021-03-30T15:41:05-04:00March 30th, 2021|