- Yield on 10-year Treasuries traded at highest since July
- Treasury to announce quarterly borrowing plans Wednesday
Wall Street veteran Ed Yardeni says the approaching US election could augur the return of the market’s bond vigilantes as the Treasury Department readies new debt issuance plans.
It’s a call the founder of Yardeni Research Inc., who famously coined the phrase in the 1980s to describe investors selling bonds to set the US government back on a course of fiscal restraint, has made before.
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