U.S. Treasury bonds see a tug-of-war between bulls and bears as the Iran stalemate and IG supply repeatedly test the market
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
⑴ Trump’s comments on tariffs sparked market concerns. After his rejection of Iran’s peace proposal, Brent crude returned above $100, combined with a sell-off in UK bonds triggered by uncertainty over the British Prime Minister’s political future. U.S. Treasury bonds came under overnight pressure and declined. ⑵ After the market opened, CTA short covering drove a rebound, but this was followed by the concentrated announcement of 11 investment-grade corporate bond issuances. Sell orders related to rate locking suppressed opening buying interest. ⑶ Leveraged accounts bought approximately 15 thousand contracts of 5-year, 20 thousand contracts of 10-year, and 8 thousand contracts of ultra-long U.S. Treasury futures. Along with a new round of CTA short covering, this pushed the yields of the 5-year, 10-year, and 30-year bonds to resistance levels at 4.02%, 4.37%, and 4.95% respectively, after which the upward momentum paused.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Angela Alsobrooks named Crypto Person of the Week
AiCoin•2026/05/23 22:26
BNB surpasses $660
金色财经•2026/05/23 21:01
Trump: US-Iran Agreement Is Basically Settled, Awaiting Final Confirmation
AiCoin•2026/05/23 20:56
The US-Iran agreement is nearly finalized, and BTC rebounds above $76,000.
Odaily星球日报•2026/05/23 20:49
Crypto prices
MoreBitcoin
BTC
$76,555.24
+1.11%
Ethereum
ETH
$2,111.74
+1.97%
Tether USDt
USDT
$0.9987
-0.01%
BNB
BNB
$655.82
+0.67%
XRP
XRP
$1.36
+1.33%
USDC
USDC
$0.9996
-0.00%
Solana
SOL
$86.16
+1.41%
TRON
TRX
$0.3617
-0.24%
Dogecoin
DOGE
$0.1035
-0.24%
Hyperliquid
HYPE
$57.89
+3.92%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now