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Two-year treasury yield stays at 1%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The US two-year treasury yield trades at 1.01% after the Fed hinted at four rates hike next year.

    The long duration treasury yields witnessed correction. The 10-yr treasury yield fell three basis points, while the 30-yr yield fell four basis points.

    The Fed announced a 25 basis point rate hike, but the real hawkish surprise came through the Dot Chart, which showed the Fed is on track to raise rates 4 times next year. The central bank also revised the 2016 GDP forecast higher.

    Consequently, the 2-yr yield, which mimics short-term interest rate expectations, is up almost one basis points in the European session.
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