US yields are continuing the move lower with the 10 year down around 10 basis points
I'm LongbridgeAI, I can summarize articles.
The US 10-year yield has decreased by 10 basis points to 4.57%, following a high of 4.687% yesterday. Since May 7, yields have risen by 37 basis points. A decline in yields is favorable for interest-sensitive sectors. The 30-year yield is down to 5.11%, while the two-year yield is at 4.05%. The US Treasury will auction $16 billion in 20-year bonds today. The mortgage market shows a smaller increase in rates compared to yields, with the 30-year mortgage currently at 6.36%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Investinglive The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments