No Result
View All Result
Today Minutes
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food
No Result
View All Result
Today Minutes
No Result
View All Result
Home business

TREASURIES-U.S. yields little changed in quiet session, curve remains inverted

by todayminutes
April 5, 2022
0

The benchmark U.S. 10-year Treasury yield ticked up on Monday and the 2-year/10-year yield curve remained inverted, as a lack of major economic news left traders without many clues to act on.

The yield on 10-year Treasury notes was up 3.5 basis points to 2.410% while the 2-year note yield was down 0.8 basis points at 2.424%, leaving the 2-10 curve at -1.6 basis points after earlier brushing against -10 bps.

The small bounce is not “particularly telling from a macro perspective,” but the fact that the inversion remains “speaks to the fundamentals in place behind this move,” according to Ian Lyngen, head of U.S. rates strategy at BMO.

The curve inversion is seen as a harbinger for a recession in the next two years or so, but it also means the market finds credibility in the Federal Reserve’s ability to fight inflation and the tighter monetary policy being outlined won’t have to remain in place for a long time.

Lyngen said the relatively low volume on Monday’s session speaks to a consolidating market, adding that the main event on the week’s schedule is the Fed’s minutes from the most recent meeting, due on Wednesday.

Continue…

todayminutes

todayminutes

Next Post
Ukraine Update: U.S. Readies More Russian Sanctions This Week

Ukraine Update: U.S. Readies More Russian Sanctions This Week

No Result
View All Result

Categories

  • AirLines (1)
  • business (248)
  • Celebrity (64)
  • climate (1)
  • Culture (40)
  • Economy (13)
  • Electric Vehicles (3)
  • Entertainment (320)
  • Fashion (49)
  • finance (24)
  • Food (36)
  • Health (45)
  • Lifestyle (23)
  • Music (84)
  • Politics (316)
  • Science (23)
  • Sports (353)
  • Technology (31)
  • Travel (62)
  • Uncategorized (9)
  • Weather (2)
  • World (83)

Recent.

Biden urges Western unity on Ukraine amid war fatigue

Miami gaining mojo on the recruiting trail in the 2023 cycle

Dave Grohl performs with Paul McCartney at Glastonbury in first show since Taylor Hawkins’ death

© 2021 Today Minutes All Rights Reserved

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Fashion
  • Celebrity
  • Culture
  • Lifestyle
  • Travel
  • Food

© 2021 Today Minutes All Rights Reserved