Lates News

Citigroup strategist Jason Williams said in a report that the U.S. Treasury market may get a breather this week, but unless oil prices fall noticeably, there is currently no clear catalyst to drive a major rally in Treasuries. He said the repricing of the short end of the Treasury curve over the past month has accumulated to a historic high since the 1990s, so current valuations may be temporarily elevated. Williams said U.S. Treasury supply may have been part of the reason for last week's bond selloff, while there are no U.S. Treasury auctions this week. "So far in 2026, in weeks with Treasury auctions, Treasuries have tended to suffer larger selloffs than in weeks without new debt issuance," he said.