This week’s auction of 2-, 5- and 7-year US Treasuries, totaling $183 billion, met weak demand and pushed yields sharply higher over the last two days, as dealers and investors demanded more for their money.
Traders often feel that a complex trading strategy with many moving parts must be better when they should focus on keeping things as simple as possible.
US real gross domestic product(GDP) increased at an annual rate of 1.3% in Q1 of 2024 according to the second estimate released by the Bureau of Economic Analysis.
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