Taking McCarthy at his word
NAB Morning Call
00:00
The Market Takes From the Sell-Off in Treasury Yields
The net wash there is a little bit unclear. And I think we'll probably look to get another couple of data prints in there to see if there is a trend forming. So at this point, we're probably sort of inclined to look through that. But certainly what the market took from that overnight certainly helped add to the sell-off in treasury yields.
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