• ^TNX
    Reuters23 minutes ago

    TREASURIES-Prices fall, tracking Europe, Britain, ahead of 5-year auction

    U.S. Treasury debt prices fell on Wednesday, in line with losses in Europe and Britain, in generally quiet trading ahead of a debt auction later in the session and key U.S. gross domestic product data due on Friday. U.S. two-year yields, which are most sensitive to Federal Reserve rate hike expectations, advanced to two-week highs and have gained 10 basis points so far in October. "There is no real catalyst except that Europe is under pressure here, with German bond yields and gilts higher," said Justin Lederer, Treasury analyst at Cantor Fitzgerald in New York.

  • ^TNX
    Reuters19 hours ago

    TREASURIES-U.S. long-dated yields drift lower, trend still seen higher

    U.S. long-dated Treasury yields slipped on Tuesday after data showed a decline in U.S. consumer confidence this month, although the outlook on yields remained intact as investors see the Federal Reserve raising interest rates in December. U.S. 10-year note and 30-year bond yields, which move inversely to prices, fell from one-week highs after the release of the consumer confidence report. Data from the Conference Board showed the U.S. consumer confidence index dropped to 98.6 in October from a downwardly revised 103.5 in September.

  • ^TNX
    Forbes4 days ago

    The Scariest Chart For Bond Yields

    It isn't Halloween yet, but I think this chart deserves attention as it highlights the potential complacency in the Fixed Income markets.  I have listed several reasons why I believe rates are still headed higher (here), but I think these charts should be respected, if not feared, by fixed income