Chris Low in Marketplace

Chris Low, chief economist with FHN Financial, said that today, rates are higher across the board “on effectively no new information,” he said. “And that’s simply jitters about the upcoming auctions.”

Low said those jitters aren’t just about the auctions themselves.

“What traders are telling you is that their primary concerns — inflation, excessive government spending, excessive government debt — all of those risks are going to remain in place,” he said.

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