Bond Volatility Surges While Bitcoin and Wall Street Remain Calm
Key Highlights The U.S. 10-year Treasury yield briefly touched 5.2% on Thursday before settling at 5.163%, driven by Middle East conflict pushing oil and diesel prices higher and complicating the global inflation outlook. The ICE BofA MOVE Index ($MOVE) shows bond traders are paying significantly more for interest-rate volatility protection despite the S&P 500 rising ...