U.S. Treasury Yields Slide After Cooler Inflation Data Fuels Hopes for Easing Fed Policy
Mumbai, July 15 -- U.S. Treasury yields fell on Tuesday following the release of a cooler-than-expected inflation report.
The key 10-year Treasury yield - the main benchmark for U.S. government borrowing - fell more than 2 bps to 4.58%.
The yield on the 2-year Treasury note which are more sensitive to short-term Federal Reserve rate policy, declined more than 7 bps to 4.18%. The 30-year bond yield shed less than 1 basis point to 5.09%.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.