- Analytics
- News and Tools
- Market News
- US 10-year Treasury yield rises to the highest level in two weeks above 1.60%
US 10-year Treasury yield rises to the highest level in two weeks above 1.60%
- US 10-year yield rebounds sharply from 1.54%, back to 1.60%.
- Yields across the curve hit fresh daily highs on American hours.
- DXY is back in positive territory for the day, above 95.00.
US yields turned to the upside during the American session and climbed to weekly highs. The 10-year yield rose from under 1.55% to 1.609%, reaching the highest level in two weeks. Treasury yields across the curve reached fresh highs with the 2-year rising to 0.542%, the 5-year at 1.257% and the 30-year at 1.989%.
At the same time, the US 10-year TIPS yield (protected by inflation) remains is flat on Monday, near the record low at -1.162%.
Last week US inflation numbers weighed on Treasuries, triggering a rally in yields that still goes on. If the 10-year manages to consolidate above 1.60%, higher figures are expected.
The moves in the bond market continue to support the greenback. The DXY is back into positive territory after falling toward 95.00 and it stands at 95.16, looking at the recent cycle high of 95.26.
Economic data released on Monday surpassed expectation with the Empire Manufacturing index at 30.9 in November up from 21.6, and significantly above the 21.9 of market consensus. On Tuesday, the retail sales report is due.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
