US bond yields rising reflecting less money investing there, expectations of higher interest rates, perhaps investors are moving money to bank shares???
* US treasury prices fell on Monday (yields higher) as the upbeat manufacturing data boosted expectations that the Federal Reserve will raise interest rates again this year. US 2-year yields touched 8year highs before closing up 2 points to 1.41% and US 10-year yields rose by 4 points to near 2.35%.
Commsec
https://research.commsec.com.au/Loa...tMTA2NDc1NC0xIiwiZmlkIjpudWxsLCJkdCI6bnVsbH0=
Creative Icecream Flavour Tuesday, page-17
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |