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10yr note % yield goes down after rate hikes? I'm confused.
CBOE 10 YR TREASURY NOTE YIELD
(
TVC:TNX
)
SeekingDelta
Essential
TVC:TNX
CBOE 10 YR TREASURY NOTE YIELD
TNX
TLT
TBT
HYG
2
0
tnx
tlt
tbt
hyg
Please someone explain why the 10yr note yield TNX goes down after FOMC raises interest rates? I would expect the relationship between the two to be pretty much linear.
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