Bond Report: Treasury yields move higher as Credit Suisse tensions ease and traders eye ECB rate decision

This post was originally published on this site

Bond yields rose on Thursday as tensions eased in the European banking sector and traders waited for the European Central Bank’s decision on interest rates.

What’s happening
What’s driving markets

A calmer mood in markets — after the Swiss central bank moved to support beleaguered bank Credit Suisse CH:CSGN — is curtailing demand for sovereign debt havens, pushing yields higher.

Tensions…