Loading...
[Traders Bet 10-Year U.S. Treasury Yield Will Rebound to 4% Within Weeks] Traders are heavily buying Treasury options, betting that the 10-year U.S. Treasury yield will rebound to 4% in the coming weeks. According to data from the CME Group, a March-expiring 10-year Treasury option contract saw a surge in buying volume over the past week, with open interest reaching 171,153 contracts. The total premium paid amounted to approximately $80 million, marking a 300% increase within a week. Recently, the 10-year Treasury yield has edged higher, having touched 4.20% earlier this month and fluctuating to 4.16% on Monday. Investors are weighing economic data and Federal Reserve officials' remarks to find clues about potential rate cuts.