|Day's Range||2.90 - 2.93|
|52 Week Range||2.03 - 3.12|
Government bond prices sank Friday but capped off a second week of gains. The yield on the 10-year Treasury note inched higher to 2.902% Friday, from 2.899% on Thursday. Yields rose with global stocks on Friday after a turbulent week, reducing demand for safer assets like Treasury bonds, which have swung on news from Federal Reserve Chairman Jerome Powell.
Treasury yields held their ground on Friday after a week that saw the traditional haven boosted by anxieties centered on trade clashes between the U.S. and major trading partners such as China and the European Union. Investors scooping up U.S. government paper to take shelter from turmoil in global stocks have anchored bond yields, giving a modest lift to prices. Financial markets are grappling with fears that tariff disputes could—if they erupt into a full-blown trade war—prove a major headwind for the global economy.
Speculators' net bearish bets on U.S. 10-year Treasury note futures rose in latest week, according to Commodity Futures Trading Commission data released on Friday. The amount of speculators' bearish, or ...
Analysts at Bank of America Merrill Lynch have offered a neat way to make sense of the bond market’s reaction in the event of a trade war, which has confused investors who say tariffs can tug Treasury yields in opposite directions. A global economy reeling from a trade-driven slowdown could prompt the Federal Reserve to cut the number of interest-rate hikes in its current tightening cycle, stirring a rally in bonds, said the team of strategists at BAML led by Ralph Axel.
U.S. government debt prices slipped on Friday as investors tried to shake off concerns of a potentially impending trade war. The yield on the benchmark 10-year Treasury note was higher at around 2.908 percent at 8:35 a.m. ET, while the yield on the 30-year Treasury bond rose to 3.053 percent.
Treasury prices rose, pushing yields lower, on Thursday after investors grappled with the potential threat of a euroskeptic policies in Italy and the impact of protectionism on a global economy already reeling from a strong dollar and higher interest rates in the U.S. The 10-year Treasury note yield(XTUP:TMUBMUSD10Y=X) fell by 2.9 basis points to 2.899%. The 2-year note yield(XTUP:TMUBMUSD02Y=X) was down 2.1 basis points to 2.541%, while the 30-year bond yield(XTUP:TMUBMUSD30Y=X) slipped 2.1 basis points to 3.043%.
Gold prices marked a third straight session decline on Thursday to carve out another low for 2018 as a leading dollar index—lifted in a rising interest-rate environment—tapped its highest level since last summer. Among exchange-traded funds, the SPDR Gold Trust (GLD) was nearly flat, while iShares Silver Trust (SLV) added 0.2%. The VanEck Vectors Gold Miners (GDX) rose 0.3%.
Much has been made about the outperformance of small capitalization stocks as fears about global trade intensifies, but a subset of small-cap stocks have produced even more stellar gains this year.
SEOUL, South Korea (AP) — Asian stocks fell Friday following Wall Street losses overnight as investors were still wary over trade disputes between China and the U.S. as well as between the U.S. and Europe that could hurt corporate profit and jobs.
The yield on the benchmark 10-year Treasury note was lower at around 2.92 percent at 8:23 a.m. ET, while the yield on the 30-year Treasury bond slipped to 3.061 percent. Market-watchers have become increasingly jittery this week after President Donald Trump requested the United States Trade Representative to identify $200 billion worth of Chinese goods late Monday, for additional tariffs at a rate of 10 percent. Coming up Thursday, jobless claims and the Philadelphia Fed's manufacturing business outlook survey are both due out at 8:30 a.m. ET, followed by FHFA house price index data at 9 a.m. ET.
TOKYO (AP) — Asian stock markets mostly rose Thursday as concern fades over the trade tensions between the U.S. and China. Uncertainty remains, but the original tariff threats made earlier in the week were not followed by material action.
U.S. government bond prices declined Wednesday after Federal Reserve Chairman Jerome Powell said falling unemployment and faster inflation support additional interest rate increases. The yield on the benchmark 10-year Treasury note rose to 2.928% from 2.893% on Tuesday, posting its biggest one-day climb in two weeks. The yield on the two-year Treasury note rose to 2.562% from 2.545%.
Fears the current war of words between Washington and Beijing will flare into a full-blown trade war are outweighing the bearish forces swirling at the long-end of the bond market
Treasury prices fell Wednesday, pushing up yields, after Federal Reserve Chairman Jerome Powell reasserted the need for gradual rate increases, citing a tight labor market. This comes a day after an escalation in the tit-for-tat trade skirmish between China and the U.S. drove investors to flee to the perceived safety of government paper. Risky assets across the globe signaled that tariff-spooked markets were reassessing the threat of a trade war materializing between the world’s largest economies.
Gold futures settle lower on Wednesday and mark a fresh nadir for 2018 as overall strength in dollar diminishes appetite for the yellow metal.
It is Coco Chanel’s proverbial “little black dress” of economic indicators. The slope made up of bond yields of various maturities has a record of predicting recessions that would make even the savviest econometrician turn pea-green with envy. , where the difference between the two and 10-year Treasury yields has narrowed to just 37 basis points.
The yield on the benchmark 10-year Treasury note was higher at around 2.906 percent at 7:45 a.m. ET, while the yield on the 30-year Treasury bond was in the black at 3.036 percent. Market-watchers have become increasingly jittery after President Donald Trump requested late Monday that the United States Trade Representative identify $200 billion worth of Chinese goods for additional tariffs, at a rate of 10 percent. If China "refuses to change its practices" and insists on continuing with the new tariffs it recently declared on the U.S., then the additional levies would be imposed on the Asian nation, Trump said.
Tuesday was no exception, with stocks down sharply on renewed worries about President Donald Trump’s trade feud with China. The stock market has some things going for it right now, of course. Economic growth appears to have picked up too, with the effects of a strong job market and the personal income-tax cuts many Americans received combining to drive consumer spending.
U.S. government bonds rallied Tuesday as President Donald Trump threatened to impose tariffs on some $450 billion in Chinese goods, ramping up a trade conflict between the world’s largest superpowers and sending investors rushing to assets perceived as safe. Against that backdrop, risk assets came under pressure while bond prices rose, driving yields lower. The 10-year Treasury note yield (XTUP:TMUBMUSD10Y=X) fell 3.3 basis points to 2.893%, slipping briefly below the 100-day moving average at 2.878%, their intersection has only occurred twice in the last nine months.
Has a tit-for-tat tariff spat between China and the U.S. shifted from a skirmish to a full-blown trade war?
U.S. government debt prices jumped on Tuesday as concerns over a potential trade war between the U.S. and China intensified. The yield on the benchmark 10-year Treasury note fell to 2.877 percent from about 2.91 percent on Monday, while the yield on the 30-year Treasury bond was deep in the red at 3.011 percent. If China "refuses to change its practices" and insists on continuing with the new tariffs it recently declared, then the additional levies would be imposed on Beijing, Trump said Monday night.
U.S. government bond prices were little changed Monday as investors sized up political instability in Germany and the potential for rising trade tensions to drag on global economic growth. The yield on the benchmark 10-year Treasury note held steady at 2.926%, while the two-year note yield, which tends to move with expectations for Federal Reserve interest-rate policy, fell for a third consecutive session to 2.555% from 2.557%. Yields fell early in the session after German Chancellor Angela Merkel was handed a two-week ultimatum by her coalition partners, adding the country to the list of areas in the world with the potential to add instability to a turbulent geopolitical environment.
Yahoo Finance’s Seana Smith and Jared Blikre on the biggest stories moving the markets in midday trading Wednesday.