Bond yields continued to move higher as another day of calmer conditions in the financial sector crimped demand for government paper
Bond yields rose on Tuesday as the continued easing of banking sector stress reduced buying of supposed haven assets.
What’s happening What’s driving markets as traders bet that the recent banking turmoil might not be as damaging to economic growth as recently feared. Economic data due on Tuesday include the advanced U.S. trade balance in goods, advanced retail inventories, and advanced wholesale inventories reports for February, due at 8:30 a.m.
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