US government bond yields rose recently as weak demand in two Treasury note auctions indicated investor anxiety about upcoming supply. This trend comes just ahead of the next financing quarter, raising concerns about how well the market can absorb new debt.
After a week of rising inflation fears and surging bond yields, US presidential politics seemed to heat up. However, risk-asset investors remained largely unfazed. The key takeaway is that despite ongoing economic concerns, markets showed resilience and confidence.
Treasuries rose during Asian trading, mirroring gains in several major equity markets. However, Japan's stock market and currency faced potential selling pressure ahead of an upcoming election.
