Treasury yields jumped on Friday after closely watched nonfarm payrolls data for March surged past expectations. The rate on the 10-year Treasury jumped more than 9 basis points to 4.4%. The benchmark note on Wednesday briefly touched a new 2024 high of 4.429%. The 2-year Treasury yield was also higher by 10.9 basis points at … Read more
The 10-year Treasury yield ticked lower after briefly reaching a new high for the year on Wednesday. The benchmark rate slipped nearly 2 basis points to 4.349%. At one point, the yield traded at its highest level back to late November. The 2-year Treasury note yield lost almost 3 basis points, last sitting at 4.674%. … Read more
U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC. Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global … Read more
U.S. Treasury yields climbed Thursday after hotter-than-expected wholesale inflation report worried traders about its potential impact on Federal Reserve policy going forward. Yields on the 10-year Treasury note rose about 11 basis points to 4.298%, while the 2-year Treasury yield was last at 4.69%, up about 6.5 basis points. Yields and prices move in opposite … Read more
U.S. Treasury yields declined Tuesday as investors considered economic data and the state of the economy. At 6:37 a.m. ET, the yield on the 10-year Treasury yield was down by over 2 basis points at 4.276%. The 2-year Treasury yield was last trading at 4.693% after dipping by more than 2 basis points. Yields and … Read more
U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was 6 basis points higher to 4.295%, just under the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.66% after rising by 9 basis points. At one point, the yield … Read more
It may be time to consider adding emerging markets bonds to your fixed-income portfolio. After shying away from high-quality EM bonds last year, Vanguard senior portfolio manager Daniel Shaykevich now sees value as more supply hits the market and spreads widen. He’s largely bought bonds that are issued in major foreign currencies . “It’s a good way … Read more
Rising yields were one of last year’s major themes as bonds crept into a bear market. Yields on the 10-year Treasury shot up to as much as the 5% mark in October — a 16-year high — but has since dropped to just above the 4% level. Yields and prices move in opposite directions. But … Read more
The 10-year U.S. Treasury yield topped 4% on Friday after a surprisingly strong jobs report that showed continued strength in the economy, but raised questions on when the Federal Reserve can cut interest rates. The yield on the 10-year Treasury was last shot up by 16 basis points to 4.02%. The 2-year Treasury yield was … Read more
The 10-year U.S. Treasury yield declined below 4% on Wednesday for the first time in roughly two weeks as the Federal Reserve Chair Jerome Powell said the central bank would likely cut rates this year. The 10-year Treasury yield fell about 10 basis points to 3.96%. The yield on the 2-year Treasury was last down … Read more
