U.S. Treasuries fall further, 10-year Treasury yields break above 50-day moving average

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 Titan Media App reported on August 19 that U.S. Treasuries continued to trade on a heavy tone in early trading. The yield on the 10-year Treasury bond rose by as much as 10 basis points that day, reaching 2.983%, exceeding the 50-day moving average level. The 10-year yield widened its gap from the 100-day moving average, which has limited its advance since July 22. Yields on the 10-year Treasury note rose, but have not risen above the 3% level since July 21. As of 9:50 a.m. ET, the trading volume of treasury bond futures was consistent with the 20-day average, and the trading volume was concentrated in the ultra-long-term treasury bond contracts, which was 10% higher than the average level.

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