US 2-year yields fall back flat on the day


US 2-year yields fell back to 2.52% from a high of 2.594% earlier in the day.

I tend to think that we are close to a peak in terms of pricing rate hikes, at least until we see how these hikes affect the real economy. A 2.5% return is a decent return over a short period of time. Maybe it hits 3%, but if there’s high risk around China, tech stocks and you think the economy is stumbling; what’s wrong with 2.5%?


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