US Treasury issued a $20 billion 10-year inflation-protected Treasury note (TIPS), winning the bidding yield of 2.243%, the highest since January 2009, 1 basis point higher than the pre-issue trading level at the tender deadline, indicating that demand was slightly lower than expected. Primary dealers were allocated 10.2%, lower than the previous time, the proportion of direct bidders rose to 23.3%, and the proportion of indirect bidders fell to 66.5%. The bid multiple was 2.48 times, compared w...
BlackRock (BLK. N) CEO Fink: Expect the 10-year U.S. Treasury yield to reach 5.5%.
The University of Michigan survey shows that inflation expectations rose to 3.3% over a 5-10 year period, the highest level since 2008.
The University of Michigan survey shows that inflation expectations rose to 3.3% over a 5-10 year period, the highest level since 2008.
U.S. 10-year Treasury bond auction through January 8 - bid multiple 2.53, previous value 2.7.
The auction of 10-year Treasury bonds in the United States through January 8 - the winning rate is 4.68%, compared to the previous value of 4.235%.
The negative interest rate spread between China and the United States' 10-year Treasury bond yields further widened to over 300bp, the largest in more than 24 years.
China's bond market is abnormally hot, with the negative interest rate spread between China and the United States on 10-year government bonds widening to nearly 250 BP, the largest in more than 22 years.
The win the bidding yield for the US Treasury 39 billion $10-year Treasury auction was 4.235 per cent, compared with 4.252 per cent for pre-issue trading at 1pm New York time. Primary dealers were allocated 10.5 per cent, down from the previous auction. Indirect bidders were allocated to 70 per cent and direct bidders to 19.5 per cent. The bid multiple of 2.70 was the highest since 2016, with the previous six auctions averaging 2.54 times.
The spread between US and German 10-year bond yields is set to close at its widest level since 2019.
The yield on the US 2/10-year Treasury bond has inverted for the first time in two months, with 2y trading at 4.27% and 10y at 4.26%.
Morgan Stanley: The yield on the 10-year U.S. Treasury bond is expected to fall to 3.75% by mid-2025. (Jin Ten)
The auction of 10-year Treasury bonds in the United States on November 5 - the winning rate is 4.347%, compared to the previous value of 4.066%.
U.S. 10-year Treasury yields hit a 10-week high of 4.057 percent, rising 2.1 basis points to 4.047 percent.
Germany's 10-year Bund yield has surpassed the two-year Bund yield for the first time since November 2022.