US Treasury Bond Sales Impact Markets

Reported about 10 hours ago

US Treasuries experienced a pause in their rally as traders prepared for upcoming bond sales amounting to $125 billion. The yield on 10-year debt rose to 4.22%, with expectations of a Federal Reserve interest rate cut in September. Market reactions followed weak job data and speculation regarding potential changes in Fed leadership. The yield premium on 30-year notes increased, reflecting investor strategies amid shifting market dynamics.

Source: YAHOO

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