CBOE Interest Rate 10 Year T No (^TNX)
Chicago Options - Chicago Options Delayed Price. Currency in USD
|Day's Range||1.81 - 1.87|
|52wk Range||1.34 - 2.38|
|Avg Vol (3m)||0|
- MarketWatch•5 hours ago
The global bond market suffers a rout Thursday, with the yield on the 10-year U.S. Treasury note hitting its highest level since May. Here’s why.
- Reuters•13 hours ago
"A lot of the moves today in Treasuries are being led by the dramatic steepening of the bund (German bonds) and gilt (UK bonds) curve," said Subadra Rajappa, head of U.S. rates strategy at Societe Generale in New York. German 10-year bund yields rose to five-month peaks , while that of 10-year British bonds advanced to more than four-month highs, lifting U.S. Treasury yields in the process. With gains on the long end, the Bund yield curve has steepened to nearly 79 basis points, its widest since early March, while the spread between long-term and short-term gilts rose to 95 basis points, the highest in four months.
U.S. Treasury debt yields rose on Wednesday, bolstered by a fresh batch of economic data that enhanced the outlook for third-quarter 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 nearly 11 basis points so far in October. "There is continuing new optimism about the third quarter U.S. GDP report that we will get on Friday," said Jim Vogel, interest rates strategist at FTN Financial in Memphis, Tennessee.