Yields Jump After Apple Announces Another Massive 4-Tranche Buyback-Funding Bond Offering
May 04, 2020 at 11:39 AM EDT
After a subdued overnight session, where investors flows were directed toward the bond complex and out of risk assets, moments ago we saw a sharp steepening move in Treasury yields across the curve, with 10Y and 30Y yields moving higher by 3-4bps.