Tyrian Trade

Treasuries Rallied the Most Since the 2023 SVB Collapse Earlier This Week, Even With Brent Above $113

Earlier this week, Treasuries rallied more than they had since the collapse of SVB in 2023, according to The Wall Street Skinny's Jen Saarbach.
Saarbach noted that the move came with Brent trading above $113 amid new concerns in the Middle East.
"A month ago would have been a massacre for the bond market," Saarbach said.
Pais It Forward breaks down what's happening and whether U.S. Treasuries are still "high quality."

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