Ackman added on Wednesday that from a supply and demand perspective, long-term Treasuries seemed to be overbought, which could put additional downward pressure on the price of bonds.

Source: https://fortune.com/2023/08/03/bill-ackman-hedge-fund-perishing-square-investment-advice-30-year-treasury-bill-yield-bonds-markets-inflation/

After a final rate hike in July 2000, Treasuries then proceeded to rally as the Fed switched to a neutral policy.

Source: https://seekingalpha.com/article/4658035-investing-in-an-inverted-world?source=feed_all_articles

A higher neutral rate should raise yields across the curve, led by rising short-term rates along with some restoration of a term premium for owning longer-dated Treasuries.

Source: https://businessmirror.com.ph/2023/02/22/investors-stung-by-treasuries-rout-brace-for-next-fed-blow/

All US lenders park a chunk of their money in Treasuries and other bonds, and the Fed’s hikes made those existing bonds less valuable because of their low yields.

Source: https://www.channelnewsasia.com/business/silicon-valley-bank-what-went-wrong-bank-run-explainer-3342286?cid=cna_flip_070214

Canadian government bond yields were higher across the curve, tracking moves in U.S. Treasuries and recouping some of the previous day's sharp declines.

Source: https://www.marketscreener.com/news/latest/CANADA-FX-DEBT-Canadian-dollar-dips-tracking-moves-on-Wall-Street--44692615/?utm_medium=RSS&utm_content=20230824

Currently, the risk premium on bonds issued by 18 emerging economies in JPMorgan’s EMBIG hard currency index stands more than 1,000 basis points over U.S. Treasuries, effectively shutting them out of international capital markets.

Source: https://business.inquirer.net/393830/china-driven-growth-seen-helping-emerging-assets-despite-bank-worries

“Expectations of 2023 being the year of the bond have not been fully met,” Chris Iggo, chief investment officer of core investments at AXA Investment Managers, said in a Dec. 8 report, before the post-Fed surge in Treasuries.

Source: https://businessmirror.com.ph/2023/12/19/wall-street-forced-by-fed-to-rethink-2024-bond-yields/?utm_source=rss&utm_medium=rss&utm_campaign=wall-street-forced-by-fed-to-rethink-2024-bond-yields

Fitch lowered its credit rating on US Treasuries by one notch to AA+ from AAA, while Jamie Dimon stated that no large country has a stronger credit condition.

Source: https://seekingalpha.com/article/4625227-markets-time-frame-exchanges-weekly-blog-796?source=feed_all_articles

Forward-thinking investors should take their cue from global central banks who have been stealth acquirers of gold over the last few years and sellers of US Treasuries.

Source: https://seekingalpha.com/article/4597047-crescat-capital-march-research-letter-whistling-past-the-graveyard?source=feed_all_articles

Furthermore, these outflows might influence the credit spread between high-yield bonds and U.S. Treasuries, as the market recalibrates its perception of risk in response to the changing economic landscape.

Source: https://seekingalpha.com/article/4594056-hyg-buy-case-amid-banking-crisis?source=feed_all_articles

Given that observation, I am surprised to see that shares held up so well, as risk-free rates in Treasuries now exceed the earnings yield of course.

Source: https://seekingalpha.com/article/4590203-pepsico-great-long-term-play-short-term-tactical-concerns?source=feed_all_articles

I always make it a point to stress that there are four “risk-off” trades: Treasuries Gold Utilities The Dollar Everyone seemingly has been screaming about a dollar bear market for the last several months following the peak in September of last year.

Source: https://biztoc.com/x/9fbe404f662fcbd4?ref=ff

If the sheen of Japanese bonds intensifies, drawing capital away from US Treasuries, we could witness a surge in yields on US Treasuries.

Source: https://seekingalpha.com/article/4622599-boj-yield-curve-policy-pivot-echo-across-global-markets?source=feed_all_articles

If the sheen of Japanese bonds intensifies, drawing capital away from US Treasuries, we could witness a surge in yields on US Treasuries.

Source: https://seekingalpha.com/article/4622599-boj-yield-curve-policy-pivot-echo-across-global-markets?source=feed_all_articles

I think this is an incredibly important week for Treasuries.

Source: https://investorplace.com/2023/10/the-phoenix-is-rising-get-ready-for-an-unprecedented-short-squeeze-in-treasuries/

It mainly offers settlement and financing services for fixed-income securities, such as repurchase agreement (repo), where assets such as Treasuries are used as collateral to raise short-term cash.

Source: https://genevatimes.ch/2023/11/13/inside-wall-streets-scramble-after-icbc-hack-by-reuters/?utm_source=rss&utm_medium=rss&utm_campaign=inside-wall-streets-scramble-after-icbc-hack-by-reuters

Never mind that as soon as these debt ceiling discussions are over, the government will be dumping at least another $1T worth of Treasuries into the market.

Source: https://seekingalpha.com/article/4608329-crescat-capital-may-research-letter-gold-a-far-superior-alternative?source=feed_all_articles

October 22 - Bloomberg (Liz Capo McCormick and Michael Mackenzie): "A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory.

Source: https://seekingalpha.com/article/4644739-weekly-commentary-off-rails?source=feed_all_articles

Of course, reinvestment risk can also be reduced by longer-term bonds such as 20- or 30-year Treasuries or the infamous 100-year Austrian bond (conversely, note the pronounced interest rate sensitivity), but there's more to consider.

Source: https://seekingalpha.com/article/4654107-3-reasons-you-should-stay-the-course-with-dividend-stocks?source=feed_all_articles

On Wednesday, the yield on two-year U.S. government notes, known as Treasuries, plummeted by a magnitude greater than Black Monday in October 1987, one of the worst market crashes on record.

Source: https://www.nytimes.com/2023/03/17/business/stock-markets-economy-banks.html