Tag: Government Borrowing
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Treasury yields fall after soft European data
[ad_1] Bond yields fell on Monday after weak economic data from Europe and as traders await central bank policy decisions this week. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.824% slipped by 2.1 basis points to 4.837%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.800%…
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China keeps benchmark lending rates unchanged
[ad_1] China’s benchmark lending rates were kept unchanged, as expected on Thursday, following a hold of policy rates earlier this month. However, economists say Beijing will need to ramp up support to shore up the country’s sputtering economy. The one-year loan prime rate was held steady at 3.55%, while the five-year LPR was unchanged at…
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Treasury yields fall further after cooling inflation data
[ad_1] Bond yields continued to decline Thursday as traders adjusted positions following news U.S. inflation is at its lowest in more than two years. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.653% slipped 8.8 basis points to 4.662%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y,…
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U.S. stock futures fall following ADP payrolls data as Treasury yields surge
[ad_1] U.S. stock-index futures fell early Thursday after the ADP data on private payrolls reported the largest increase since July 2022. The yield on the 10-year Treasury note broke above 4% after the data while the yield on the 2-year note reached its highest level since 2006. How are stock-index futures trading Stocks fell Wednesday……
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Opinion: Debt-ceiling deal has put the U.S. on course for an fiscal trainwreck
[ad_1] The agreement that President Joe Biden and House Speaker Kevin McCarthy reached recently to suspend the U.S. debt ceiling until 2025 avoided immediate turmoil in financial markets but does little to avert the crisis that may be brewing due to huge federal deficits. The deal cuts the 2024 deficit by $64.5 billion and offers plans to save…
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Treasury yields mildly mixed ahead of holiday break
[ad_1] Benchmark Treasury yields were little changed on Monday, with trading thin ahead of a holiday break and jobs data at the end of the week. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.954% rose by 4.6 basis points to 4.942%. Yields move in the opposite direction to prices. The yield on the…
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Treasury yields nudge higher as China talk spurs riskier behavior
[ad_1] Bond yields rose on Tuesday after positive comments on China’s economic prospects damped demand for Treasuries. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.699% rose 3.6 basis points to 4.704%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.735% added 2.1 basis points to 3.746%.…
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U.S. yields rise after Fed’s Powell reiterates more 2023 rate hikes are likely
[ad_1] Two-month through 30-year Treasury yields rose Wednesday morning, after Federal Reserve Chairman Jerome Powell reiterated in written testimony to Congress that more interest rate hikes are likely to be on the way this year. What’s happening? The yield on the 2-year Treasury note TMUBMUSD02Y, 4.751% was 4.739%, up from 4.695% on Tuesday. The 10-year…
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2- and 10-year Treasury yields slip by most in two weeks after mixed U.S. data
[ad_1] Two- and 10-year Treasury yields dropped by the most in two weeks on Thursday as investors assessed a mixed batch of U.S. data one day after the Federal Reserve refrained from raising interest rates. What happened What drove markets Data released on Thursday showed that initial jobless claims topped 262,000 last week, remaining at…
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Two-year Treasury yields end at 3-month highs as investors eye approaching Fed decision
[ad_1] U.S. bond yields advanced on Friday, with the yield on the 2-year Treasury rising to its highest level since March 9. Investor have been focused on what could be next for interest rates ahead of the Federal Reserve’s June 13-14 policy meeting. What happened The yield on the 2-year Treasury TMUBMUSD02Y, 4.606% advanced 8.7…