The 10-year UST (nominal) yields seems to have broken on the downside, despite slightly.

If this movement were to continue, then the main winners would be :
- US government bonds: over the short term only.
- Precious metals and stocks in this same sector, which react positively to real yield drops. Indeed, like nominal yields, real 10-year yields dropped from -0,79% to -0,84% in one day.

However, the main losers of this new downside dynamic for yields would be banks, which benefit from a steeper yield curve (i.e. banks like when the difference between short-term and long-term rates increases)
banksFundamental AnalysisGoldinflationSilvertreasuriesTrend AnalysisUST

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