Treasuries Advance With US Shutdown on Cusp of Fourth Week
Market Intelligence Analysis
AI-PoweredTreasuries have gained, with the 30-year yield reaching its lowest level since early April, due to a US government shutdown on the cusp of becoming the second-longest on record.
Moderate, as the US government shutdown could lead to increased uncertainty and potentially lower economic growth, causing investors to seek safe-haven assets like Treasuries.
Article Context
Treasuries gained, with the 30-year yield reaching the lowest level since early April, amid similar price action in the UK and Canadian bond markets and a US government shutdown on the verge of becoming the second-longest on record.
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