The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
After ending yesterday's volatile session firmly negative, treasuries showed a modest move back to the upside during trading on Tuesday.
Bond prices fluctuated over the course of the session but largely maintained a positive bias. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, edged down 1.6 basis points to 4.389 percent.
The uptick by treasuries came as traders kept an eye on the latest developments on the trade front, with reports indicating Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.
Citing people who attended the session at an event hosted by JPMorgan Chase (JPM), Bloomberg reported Bessent said negotiations haven't started but that a trade deal with China is possible.
A person in the room also told CNBC that Bessent called the current status quo unsustainable and predicted there will "de-escalation" in the "very near future."
Meanwhile, traders largely shrugged off the results of the Treasury Department's auction of $69 billion worth of two-year notes, which attracted below average demand.
The two-year note auction drew a high yield of 3.795 percent and a bid-to-cover ratio of 2.52, while the ten previous two-year note auctions drew a high yield of 2.67.
The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.
