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

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

ORLANDO, Florida (Reuters) – Hedge funds started the second quarter positioning for a steeper U.S. yield curve by offloading 10-year U.S. Treasuries futures at one of the fastest rates on record.

Source: https://www.shorenewsnetwork.com/2023/04/10/column-funds-dump-10-year-treasuries/

Think of your favorite stablecoin, one that U.S. Treasuries and USD cash back.

Source: https://techcrunch.com/2023/10/27/capturing-spread-is-a-powerful-but-less-understood-business-model-available-for-some-startups/

U.S. Treasuries, agency MBS, leverage loans, and bonds of all stripes have seen prices decline in 2022.

Source: https://seekingalpha.com/article/4569782-bet-your-retirement-income-on-the-usa?source=feed_all_articles