U.S. Treasury yields were lower Monday, continuing a fall after Friday’s April jobs report showed weaker-than-expected payrolls growth and an unexpected tick higher in unemployment. The yield on the 10-year Treasury was off 2 basis points to 4.4975%. The 2-year Treasury yield was slightly lower to 4.8056%. Yields and prices move in opposite directions. One … Read more
Jitalia17 | E+ | Getty Images Series I bonds will pay 4.28% annual interest from May 1 through October 2024, the U.S. Department of the Treasury announced Tuesday. Linked to inflation, the latest I bond rate is down from the 5.27% annual rate offered since November and slightly lower than the 4.3% rate from May … Read more
The U.S. 10-year Treasury yield fell Friday as traders parsed the closely watched inflation data released earlier in the day. The 10-year Treasury yield slipped around 4 points to 4.667%. The yield on the 2-year Treasury lost almost a basis point to trade at, 4.987%. Yields and prices move in opposite directions and one basis … Read more
Treasury yields were flat Thursday as traders parsed through new U.S. inflation data in search of clues on when the Federal Reserve may start cutting interest rates. The 10-year Treasury yield inched up 1 basis point at 4.572%. The 2-year Treasury yield was last at 4.942% after falling by nearly 3 basis points. Yields and … Read more
The 10-year Treasury yield jumped back above 4.5% on Wednesday after March inflation data came in hotter than expected, adding to the likelihood of higher-for-longer interest rates from the Federal Reserve. The yield on the 10-year Treasury was last higher by more than 14 basis points at 4.509%. The yield on the 2-year Treasury was … Read more
Treasury yields climbed on Friday after closely watched nonfarm payrolls data for March surged past expectations. The 10-year Treasury yield jumped 6 basis points to 4.371%. The benchmark note on Wednesday briefly touched a new 2024 high of 4.429%. The 2-year Treasury yield was also higher by 8 basis points at 4.719%. Yields and prices … Read more
The 10-year Treasury yield briefly hit a new high for the year on Wednesday, adding to big gains in the previous session as private payroll data surpassed forecasts. The benchmark rate added around 2 basis points to 4.385%. At one point, the yield traded at its highest level back to late November. The 2-year Treasury … Read more
The 10-year Treasury note yield jumped Tuesday, adding to its gains from the previous session, as traders reassessed the possibility of the Federal Reserve cutting rates in June. The benchmark rate was up 2.6 basis points at 4.355%. It previously reached its highest level since Nov. 28, briefly breaking above 4.4%. The 2-year Treasury note yield … Read more
Mumbai: An Oaktree Capital fund invested ₹1,600 crore in 18-month bonds raised by Sesa Resources, a wholly owned subsidiary of Mumbai-listed Vedanta, people with knowledge of the matter told ET. The bonds are initially garnered at a 10% coupon but will be raised to 15% in the event of a default, they added. The funds … Read more
Mumbai: The Reserve Bank of India (RBI) is reverting to the multiple price method for all auctions of government bonds, three years after the Centre’s money manager had moved to the uniform price method to curb volatility in the sovereign bond market amid the Covid crisis. “On a review of the prevailing and evolving market … Read more
