30-Year Treasury (ZB) — Treasury quarterly refunding announcement (first Wednesday of August — August…
Market pricing Fed on extended hold after July 29 9-3 decision with 3 officials wanting hike — yields surging to 5.27-5.28% on 30Y, bonds in breakdown as supply pressure and sticky inflation dominate duration pricing; consensus broadly bearish on bonds awaiting August 7 employment and August 12 CPI