U.S. Treasury Yields Correlate With Oil Prices, No Clear Catalyst for Sustained Selloff

According to Subadra Rajappa, head of Société Générale’s Americas research, U.S. Treasury yields have been fluctuating within a defined range in recent days, moving in sync with oil price changes. The bank noted there is currently no clear catalyst that would trigger a sustained bond selloff, though prices within the range continue to experience volatility.

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