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

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

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

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

Wholesale inflation hotter than expected

Wholesale inflation hotter than expected

U.S. Treasury yields climbed Thursday after hotter-than-expected wholesale inflation report worried traders about its potential impact on Federal Reserve policy going forward. Yields on the 10-year Treasury note rose about 11 basis points to 4.298%, while the 2-year Treasury yield was last at 4.69%, up about 6.5 basis points. Yields and prices move in opposite … Read more

10-year Treasury yield little changed after unemployment rate ticks up in February jobs report

10-year Treasury yield little changed after unemployment rate ticks up in February jobs report

The 10-year U.S. Treasury yield was near flat on Friday after the February jobs report showed solid employment growth but also an increase in the unemployment rate. The yield on the 10-year Treasury was less than 1 basis points lower at 4.085%. The 2-year Treasury yield was last down by about 3 basis point at … Read more

U.S. Treasury yields following Fed-favored inflation measure

U.S. Treasury yields following Fed-favored inflation measure

U.S. Treasury yields inched lower on Thursday after the latest inflation data was in line with predictions. The 10-year Treasury yield fell nearly 4 basis points to 4.236%. The yield on the 2-year Treasury declined almost 2 basis points to 4.629%. Yields and prices have an inverted relationship and one basis point equals 0.01%. January’s … Read more

investors assess the state of the economy

investors assess the state of the economy

U.S. Treasury yields slipped Tuesday after a large drop in durable goods orders raised some questions about the stability of the economy. The moves were muted as investors awaited a key inflation report later in the week. At 8:36 a.m. ET, the yield on the 10-year Treasury yield was down by more than 2 basis … Read more

Treasury market shift may set investors up for solid gains

Treasury market shift may set investors up for solid gains

Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds with maturity rates typically between three and five years — and sometimes out to 10 years. “People are starting to realize that we’re kind of at the peak of interest rate increases,” the firm’s head … Read more

U.S. Treasury yields rise after PPI

U.S. Treasury yields rise after PPI

U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was over 8 basis points higher to 4.322%, above the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.703% after rising by more than 13 basis points. At one point, … Read more

U.S. Treasury yields ahead of key jobs report

U.S. Treasury yields ahead of key jobs report

The 10-year U.S. Treasury yield topped 4% on Friday after a surprisingly strong jobs report that showed continued strength in the economy, but raised questions on when the Federal Reserve can cut interest rates. The yield on the 10-year Treasury shot up by 16 basis points to 4.02%. The 2-year Treasury yield climbed 17.4 basis … 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