Treasury, trade truce
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Traders and investors moved in and purchased Treasuries across the yield curve in response to the latest Consumer Price Index report. Learn more here.
Treasury yields eased after a couple of rising sessions as markets wait for news from U.S.-China trade talks and inflation data.
Treasury yields were declining Thursday morning as investors weighed fresh data on wholesale inflation that was softer than expected. The yield on the 10-year Treasury note was falling about 6 basis points to around 4.
After shooting higher for two days, 30-year mortgage refi rates have now registered a two-day drop. Rates moved lower for many other refi loan types as well.
21hon MSN
U.S. Treasury yields are set to decline further according to bond strategists who are clinging to expectations the Federal Reserve resumes cutting interest rates after pausing for more than half a year even as dealers are set to underwrite a deluge of new supply.
Treasury yields are lower early Thursday, as a broad risk-off tone across markets sees investors move into government bonds as equity indices retreat. Investor sentiment has been somewhat soured by U.
Mortgage rates edged down on Thursday, closely mirroring the downward path of 10-year Treasury yields driven by weaker than expected private-sector hiring numbers.
After a calm start to the week on Monday and Tuesday, we were likely to see a bit more volatility on Wednesday due to important events on the calendar. The first was the morning's release of the Consumer Price Index (CPI),