1. Hello Guest Click here to check FX Binary Point Financial Directory

Treasury yields inch higher ahead of Fed

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The treasury prices in the US slipped, pushing the yields higher ahead of the conclusion of the two-day Federal Reserve Open Market Committee meeting.

    The yield on the 10-yr Treasury note currently trades 2.6 basis points higher at 2.02%. The 2-yr Treasury yield, which mimics the short-term rate hike expectations, is largely flat around 0.861%.

    The action across the yield curve clearly indicates the markets expect a dovish message. The central bank is not expected to raise interest rates at the meeting.

    Earlier today, the 10-yr yield was trading slightly below 2% on account of the moderate risk aversion in the Asian and European equities.
    For more information, read our latest forex news.

Share This Page