Mumbai, July 23 -- The US bond markets continue to see cautious moves as investors gear up for the Federal Reserve's decision next week. A modest recovery is seen in yields today after marginal decline in last session. The benchmark 10-year Treasury yield was more than 2 basis points lower at 4.34% - testing around two-week low. The 30-year yield also dipped marginally towards 4.90%. Global trade scenario remains in focus as the US President Donald Trump has announced trade deals with Japan & Philippines. US10-year Treasury yield is up marginally to 4.37% right now.
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.