Following yesterday’s move in Treasuries was a bit of a doozy. 10-year yields surged up to a high of 2.849%, up by nearly 10 bps, before falling back to hold lower on the day...
Goldman Sachs (in brief) We expect the Governing Council to hike policy rates by 25 bps and provide additional details of its sovereign backstop. Although the sharp depreciation of the euro, recent central bank...