Middle East energy risks, French fiscal gridlock, and tech volatility have triggered episodic safe-haven rallies into US Treasuries in recent weeks. After touching a 24-year high above 5.31% in early October, the 10-year yield slumped 30 to 35 basis points to hover around the 5.00% mark. While HSBC and Standard Chartered see multi-decade high yields as an attractive entry point…
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