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Treasury yields logged the biggest monthly gain in February since September and October on prospects of tighter monetary policy for longer than expected.
Wall Street recorded a moderate performance last week.
Wall Street was downbeat last week, probably due to the relentless market forecasts of a looming recession and an uncertain Fed rate outlook.
Wall Street was downbeat last week with key equity gauges recording losses.
The U.S. Treasury market is on track for a 12-week streak of losses, marking the longest continued slump in 38 years.
While Wall Street has been beaten down massively this year, some inverse/leveraged ETFs gained superbly.
The U.S. fixed-income market has been piling up heavy losses this year on soaring yields, resulting in higher demand for inverse Treasury ETFs.
Wall Street was downbeat last week due to rising rate worries.