Treasuries rose, led by short-dated notes, after a reading on wholesale inflation came in weaker than expected, cementing bets that the Federal Reserve will start to cut interest rates next week. The yield on two-year notes, which closely track expected moves by the Fed, fell as much as four basis points to 3.52%, while the […]
Treasuries gain as wholesale inflation unexpectedly declines Read More »
(Bloomberg) — Treasuries slipped, snapping a four-day winning streak, as investors braced for inflation readings this week which may show that ongoing price pressures could stand in the way of US interest-rate cuts. Yields rose by two to three basis points across maturities, with the 10- and 30-year tenors climbing from the lowest levels in
Treasuries end four-day run of gains as focus turns to inflation Read More »
The 30-year Treasury bond’s yield rose to nearly 5% for the first time since July, underscoring investor concerns about US fiscal trends and elevated inflation. The US 30-year yield climbed as much as four basis points to 4.999% on Wednesday before stabilizing, mirroring similar moves in the UK and Japan, where a deepening selloff pushed borrowing costs to the
US treasury yields brush with 5% as global borrowing costs mount Read More »
US Treasuries retained most of their recent gains as anticipation of Federal Reserve interest rate cuts held firm after the central bank’s preferred gauge of inflation matched economist estimates. Yields were mixed across tenors following Friday’s release of July personal income and spending data, with short maturities little changed after falling from session highs while longer-dated
Treasuries hold recent gains as inflation gauge stabilizes Read More »
President Donald Trump’s unprecedented and escalating attack on the Federal Reserve runs the risk of backfiring by hitting financial markets and the economy with higher long-term borrowing costs. For weeks, he has lambasted Chair Jerome Powell for not slashing interest rates deeply to stimulate the economy and — as Trump sees it — lower the
Trump’s Fed gamble risks pushing key bond rates even higher Read More »
Jerome Powell sent the US bond market up on Friday by telegraphing his Federal Reserve will resume reducing interest rates as soon as next month. Beyond September, it’s up to the economy how much further he cuts — and how much more Treasuries can rally. READ MORE: Powell opens the door to interest rate cuts
Bond market’s big Powell rally needs supportive data to march on Read More »
US Treasuries, coming off their best day so far this year on Friday, held onto most of the move to start a week featuring a heavy slate of note and bond auctions. Yields on longer-dated bonds settled two basis points lower Monday afternoon in New York, while shorter-dated yields were little changed. Earlier, they fell to session
Treasuries tack onto historic gain ahead of quarterly auctions Read More »
Treasuries slipped ahead of a sale of 30-year US bonds that will provide a fresh test of demand for the type of long-dated government debt that has been under pressure globally. US 10-year yields were two basis points higher at 4.36% Thursday morning in New York, trimming a decline of seven basis points the previous
US treasuries edge lower ahead of 30-year bond auction Read More »
Treasury yields rose Monday led by long-maturity tenors as investors preoccupied with the potential fallout of US tariffs looked ahead to auctions later this week. Yields for 10- to 30-year Treasuries climbed at least five basis points to the highest levels in more than a week, extending the selloff sparked by strong June employment data
Treasury yields climb ahead of auctions amid tariff uncertainty Read More »
Treasuries fell for a second day, pulled lower by a selloff the UK bond market, as traders shifted their attention to a report on the US jobs market on Thursday. Yields rose across most maturities with 30-year Treasuries climbing seven basis points to a session high of 4.83% in morning trading in New York. The
Treasuries fall for second day as UK selloff spills over Read More »