[1]30Y Treasury yields are up 40bps from the Black Monday flash-crash panic low yields, breaking back above 3.00% for the first time since the end of July. It appears China selling [3] (and rate locks) is trumping Element Capital's buying (for now) [4].
[5]
At 3.02%, 30Y just broke another resistance level and is at its highest since July 23rd.
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/139
[3] http://www.zerohedge.com/news/2015-09-07/numbers-are-china-dumps-record-94-billion-us-treasurys-one-month
[4] http://www.zerohedge.com/news/2015-09-08/mystery-buyer-us-treasurys-revealed
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/09/20150909_30y.jpg
