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Birdie_OKX
Long-end yields are becoming the macro signal to watch. A 5.618% clearing yield at the latest US 30-year auction, alongside UK 30-year yields above 6%, suggests investors are demanding more compensation for duration.
The softer bid-to-cover matters: supply can still clear, but price sensitivity is rising. If term premium stays elevated, valuation pressure may spread well beyond bonds.
#GlobalBondYieldHighs
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