The yield on the 10-year Treasury note rises Wednesday, extending a bounce off a five-month low.
U.S. Treasury prices fell Wednesday, pushing the yield on the 10-year note further above the 1.20% level after touching a five-month low earlier this week.
What are yields doing? What’s driving the market? The Treasury rally has paused after the 10-year yield sank below 1.15% earlier this week as worries over the delta variant of the coronavirus that causes COVID-19 sparked a flight to government bonds. Equity markets bounced back sharply on Tuesday and U.S. stock-index futures pointed to further gains on Wednesday. Analysts said worries about the delta variant and its effect on the global economy may have been overdone, possibly having caused yields to overshoot to the downside.
Meanwhile, “liftoff assumptions and the willingness of monetary policy makers to follow through on the perceived tapering and rate hike timelines continue to be the operative variables in dictating the price action — a dynamic we anticipate will persist heading into next week’s Fed meeting,” they wrote.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
U.S. Treasury yields climb, 10-year yield rises to 1.21%Treasury yields rose on Tuesday morning, with the 10-year rate climbing back above the 1.2% mark.
Leer más »
Treasury yields rise, 10-year climbs to 1.23%U.S. Treasury yields rose on Wednesday morning, with the 10-year rate climbing to 1.23%.
Leer más »
10 Fun Facts About Tokyo-Bound Olympic Park Skateboarder Bryce WettsteinWe spoke to Bryce Wettstein about balancing school, skating, and life, including how she's preparing for the 2021 Olympics in Tokyo.
Leer más »
10 Simple Activities to Break Free of RuminationCan't stop obsessing over a problem or mistake? Here's how to break the cycle, explains DrAliceBoyes
Leer más »
10 sweet and savory ways to use up summer peachesYou'll be keen on these peachy recipes!
Leer más »
‘American Horror Story’ Season 10 Production Shuts Down Due to COVID-19 Exposure (EXCLUSIVE)“American Horror Story” Season 10 production has been temporarily halted due to a positive COVID-19 case and potential exposure to the illness, Variety has learned. The positive case wa…
Leer más »