U.S. Treasury yields in focus as investors track economic data

U.S. Treasury yields in focus as investors track economic data

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

10-year Treasury yield falls below 4% as traders evaluate Fed decision

10-year Treasury yield falls below 4% as traders evaluate Fed decision

The 10-year U.S. Treasury yield fell below the key 4% level Wednesday afternoon after Federal Reserve chair Jerome Powell said an interest rate cut wasn’t likely at the March meeting but would likely come later this year. The benchmark yield was down nearly 13 basis points to 3.929%. The yield on the 2-year Treasury fell … Read more

10-year Treasury yield surges to five-week high above 4.11% after strong Dec. retail sales

10-year Treasury yield surges to five-week high above 4.11% after strong Dec. retail sales

Treasury yields rose Wednesday, with the 10-year yield hovering near 4.1% as investors focused on stronger-0than-expected December retail sales and the latest remarks from Federal Reserve members. The yield on the 10-year Treasury note was last up 3 basis points at 4.098%, after trading as high as 4.12%. The 2-year Treasury yield rose by around … Read more

investors look to fresh economic data

investors look to fresh economic data

U.S. Treasury yields rose on Wednesday as investors bet that perhaps the Federal Reserve wouldn’t cut rates as aggressively as hoped for this year. The 10-year Treasury yield was last up by 4 basis points to 3.967, after touching above 4% earlier in the morning. The 2-year Treasury yield was last trading at 4.343% after … Read more

investors prepare for the new year ahead

investors prepare for the new year ahead

U.S. Treasury yields were higher on Friday as investor attention remained focused on the path ahead for the economy and monetary policy. The yield on the 10-year Treasury was up over 3 basis points at 3.881%. The 2-year Treasury yield was last around 2 basis points higher at 4.297%. Yields and prices move in opposite … Read more

10-year Treasury yield rises to start the week

10-year Treasury yield rises to start the week

The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was about 2 basis points higher at 3.943%. On Thursday, the yield fell below the 4% level, hitting its lowest since July. The 2-year Treasury yield was little changed at 4.457%, below the … Read more