‘Another Day Of Anxieties’ On Wall Street Amid Ukraine Tension
February 17, 2022Wall St Week Ahead Surging oil prices add another worry for frazzled investors
February 21, 2022Treasury yields slide amid rising tensions in Ukraine. “There is no doubt that investors are seeking safety and that yields will likely drop further if Russia invades the Ukraine,” says Peter Cardillo, from Spartan Capital. “The safety trade is in play, while the Fed fear is placed on the back burner.” The 10-year loses 0.072 percentage point to 1.972%. The two-year yield falls 0.050 p.p. to 1.477% and the 30-year loses 0.052 p.p. to 2.312%.