Government bond yields fall at the beginning of the week
World News

Authorities bond yields fall originally of the week

By UMass Mag

US Treasury bond yields fell Monday morning and little economic data was released earlier in the week.

The benchmark 10-year Treasury note yield fell to 1.617%. The yield on the 30-year government bond fell to 2.315%. The returns move inversely to the prices.

The April Chicago National Activity Index, which tracks macroeconomic activity and related inflationary pressures, is released at 8:30 a.m. CET.

Federal Reserve Governor Lael Brainard will be speaking on digital currencies at the Consensus by CoinDesk Cryptocurrency and Blockchain conference at 9:00 a.m. ET.

However, investor focus this week will be on April’s personal consumption expenditure index as a measure of inflation expected on Friday. Rising inflation has been a problem for markets, fears it might force the Fed to tighten its loose monetary policy.

Auctions are scheduled to take place on Monday for 13-week bills worth $ 57 billion and 26-week bills worth $ 54 billion.

UMass Mag 7558 posts 0 comments

Jim Faile has done it all in his 27 year as an Author, Editor, Writer, Copywriter, Blogger, and Mentor. You name a newsroom beat and Jim has covered it with the best of them. He also loves his dogs, traveling, Rays baseball, and dreaming up his next writing project.

You might also like More from author

Comments are closed.