![All Eyes On Bonds](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2022/04/DollarPuzzleApr2022.jpg?fit=1152%2C648&ssl=1)
All Eyes On Bonds
The data docket is mercifully sparse across the world's largest economy this week.
That's a welcome reprieve. Last week's calendar was oppressively crowded.
Treasurys will retain the spotlight. Two Mondays ago, 10-year US yields breached 5% for the first time since Lehman was a going concern. They're below 4.60% now.
The head-spinning turnabout was mostly attributable to a series of bond-bullish events that began with the November refunding announcement and crescendoed with a softer-than-expe