Treasurys are getting smoked
Longer dated US Treasury yields are at their highest level since May following Thursday's better than expected pending home sales for September. Data released by the National Association of Realtors showed pending home sales rose 1.5% month-over-month, outpacing the 1.0% gain that economists were expecting.
Thursday's selling is having the biggest impact on the long end of the yield curve where yields are higher by more than 6 basis points. Here's a look at the scoreboard as of 10:05
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