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The Week That Was (22 – 28 May, 2023)

The Week That Was (22 – 28 May, 2023)

With a massive change in market expectations of a rate hike amid continued growth and sticky inflation, treasury yields have soared. The 2Y yield was up by over 26bp last week and almost 53bp higher MTD. 10Y yields were up 10bp last week with the MTD rise at 37bp. US...

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