Treasury yields fall
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Treasury yields were relatively unchanged to end the week as investors weighed the state of the U.S. economy and fears eased around trade and geopolitics.
Treasurys sold off and yields rose as markets watched negotiations over Greenland and U.S. data indicated a resilient economy.
First is the reality of elevated inflation and elevated deficits as an issue that has not garnered the fear that it should have, especially in the US. The moves in Japanese Government Bonds (JGBs) act to remind Treasuries that they too have issues on both of these fronts.
The benchmark 10-year Treasury yield bumped up in early trade Thursday after a revised reading of U.S. gross domestic product for the third quarter showed [a "zippy" 4.4% annual gain](
Treasury yields were little changed on Thursday as investors weighed the latest economic data as well as developments in trade and geopolitics.
U.S. Treasury yields declined slightly in European trade as investors remain cautious despite a visibly calmer pattern compared with previous days. Attention now turns to U.S. GDP at 8:30 a.m. Eastern time and PCE inflation data at 10 a.
If you know where to put it, cash can still earn a solid, low-risk return of 3–5% with today’s top savings accounts, CDs, brokerages, and Treasuries.
The White House may shrug off any fallout from the simmering transatlantic trade war on U.S. stocks or even the dollar, but a surge in U.S. Treasury yields could prove especially toxic for Donald Trump's administration in a mid-term election year.
New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.
U.S. Treasury yields climbed as renewed trade tensions and fiscal concerns rattled bond markets, pushing borrowing costs higher for households and businesses.