Market Analysis: U.S. Treasury Bonds Seem to Stabilize Temporarily

Odaily reports that Pepperstone analyst Michael Brown stated in a report that Monday's rise in U.S. Treasury bonds was somewhat of a relief. Brown mentioned that this might indicate a slowdown in the significant sell-off that started last week. He noted that the yields on both the 10-year and 30-year U.S. Treasury bonds fell on Monday, now significantly lower than last week's panic levels. However, U.S. Treasury bonds appear to be on relatively unstable ground, especially with no signs of policy inconsistency abating in the short term, leaving the level of uncertainty very high.