What's Happening The yield on the 2-year Treasury (BX:TMUBMUSD02Y) remained steady at 4.965%. The yield on the 10-year Treasury (BX:TMUBMUSD10Y) increased by 3.1 basis points to 4.287%. The yield on the 30-year Treasury (BX:TMUBMUSD30Y) rose by 5 basis points to 4.406%. What's Driving Markets On Thursday, important updates on the U.S. economy will be released, including the … [Read more...] about Bond Yields Rise to 15-Year Highs as U.S. Economy Prospers
Bond Yields
US Stocks Close Lower After Fitch Downgrades U.S. Ratings and Bond Yields Enter Volatile Territory
The US stock market experienced a downward trend on Friday, marking the end of a turbulent week. This decline was largely attributed to Fitch's decision to downgrade the U.S. ratings from its top AAA status, as well as the rollercoaster ride of government bond yields. Stock Performance The Dow Jones Industrial Average (DJIA) fell approximately 150 points, or 0.4%, ultimately … [Read more...] about US Stocks Close Lower After Fitch Downgrades U.S. Ratings and Bond Yields Enter Volatile Territory
European Stocks Finish Lower
European stocks closed lower on Friday, with the Stoxx Europe 600 index dropping 0.20% to 470.78. Let's take a closer look at the performance of major indices and individual companies. Stock Performance The FTSE 100 index was flat at 7,694.27. The French CAC 40 index rose 0.15% to 7,476.47. The German DAX gained 0.39% to 16,469.75. Top Decliners Among the Stoxx Europe 600 … [Read more...] about European Stocks Finish Lower
Bond Yields Decline Ahead of Inflation Data
Investors are closely watching the upcoming consumer price index (CPI) report for June, which is set to be released at 8:30 a.m. Eastern. As a result, bond yields experienced a decrease early Wednesday as traders positioned themselves ahead of this crucial data. Yield Movement Here is a breakdown of the yield movement for various Treasury bonds: The yield on the 2-year … [Read more...] about Bond Yields Decline Ahead of Inflation Data
Bond Yields Decline as U.S. Inflation Hits a Two-Year Low
Bond yields continued to decline on Thursday as traders made adjustments following the news that U.S. inflation is at its lowest level in over two years. What's Happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.653% slipped by 8.8 basis points to 4.662%. Remember, yields move in the opposite direction of prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.819% … [Read more...] about Bond Yields Decline as U.S. Inflation Hits a Two-Year Low