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ٹریڈنگ خبریں
22 Apr 2015
Treasury yields rise ahead of the US data
FXStreet (Mumbai) - The yields on the short duration and long duration treasuries in the US rose higher ahead of the data in the US which is expected to show Existing home sales rose at a faster rate in March.
The 10-year yield now trades two basis points higher at 1.94%, while the 30-year yield trades more than one and a half basis points higher at 2.603%. At the short-end of the curve, the 2-year yield is moderately higher at 0.533%.
Moreover, the yields a the long-end of the curve rose higher on signs of early strength in the major US equities. However, the gains could be erased since the indices have dipped into the red.
Meanwhile, the yields could also be influenced by the Exiting home sales, seen rising at 3% in March from 1.2% in February.
The 10-year yield now trades two basis points higher at 1.94%, while the 30-year yield trades more than one and a half basis points higher at 2.603%. At the short-end of the curve, the 2-year yield is moderately higher at 0.533%.
Moreover, the yields a the long-end of the curve rose higher on signs of early strength in the major US equities. However, the gains could be erased since the indices have dipped into the red.
Meanwhile, the yields could also be influenced by the Exiting home sales, seen rising at 3% in March from 1.2% in February.