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Two-year Treasury yield hits 5-1/2 year high of 1%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The two-year treasury yield in the US rose to 1.021%; its highest since May 2010 after the Fed raised rates by 25bps as expected.

    The yield currently trades around 1%. The yield on the benchmark 10-yr treasury yield has trimmed gains to trade largely unchanged on the day at 2.27%.

    The Fed made clear that the rate hike was a tentative beginning to a "gradual" tightening cycle, and shall monitor inflation expectations and incoming data while deciding on further rate hikes.

    However, the median projected target interest rate for 2016 remained 1.375%, implying four quarter-point rate hikes next year.
    For more information, read our latest forex news.
     

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