free forex signals

  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

Treasury yields drop from one-week highs

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The yields on the treasury notes in the US dropped from the one-week highs as the oil prices dropped and pushed stock markets lower in Europe and US.

    At the time of writing, the 10-yr yield traded at 2.03% compared to the one-week high of 2.089% seen on Friday. The more policy sensitive 2-yr yield currently trades at 0.865%; largely unchanged on the day.

    The yields received a boost on Friday due to the uptick in the oil prices and upbeat domestic economic data - manufacturing sentiment that rebounded in January after hitting a 38-month low in December and sales of existing homes soared 14.7% in December — the biggest monthly increase ever recorded.

    However, the oil prices dropped in Europe and triggered a moderate risk aversion. Drop in oil also weighs over inflation expectations and hence drags treasury yields lower.
    For more information, read our latest forex news.

Share This Page