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Rising U.S. Yields Could Spur Mortgage-Related Selling of Treasuries
Reuters, Feb. 16, 2021–Gertrude Chavez-Dreyfus
A rise in the yield of U.S. benchmark government debt has pushed it near thresholds that could fuel a wave of Treasury selling by mortgage investors, a scenario likely to exacerbate the bond selloff and cause rates to spike even further.
https://www.reuters.com/article/usa-bonds-convexity/analysis-rising-u-s-yields-could-spur-mortgage-related-selling-of-treasuries-idUSL1N2KG27N