U.S. Treasury yields struggle for direction on Wednesday as even a bond auction fails to inspire trading during the bond market’s summer doldrums.
U.S. Treasury yields fall Tuesday after a bond auction fetches its lowest yield on record, highlighting the U.S. government’s ultralow borrowing costs as the economy recovers from the coronavirus crisis.
U.S. Treasury yields rise Monday as bullish Chinese sentiment spilled over into global equity markets, weighing on appetite for safe-haven assets.
Treasury yields retreat from their session highs Thursday, on haven buying spurred by fears that the U.S. could fail to bring the coronavirus under control and undermine labor gains seen in June’s job report.
U.S. Treasury yields rose Wednesday as minutes from the Federal Reserve’s meeting in June showed the central bank discussing the merits of yield curve control, a monetary policy tried by some other central banks.
Treasury yields mostly rise Tuesday, following the buoyant sentiment in the stock-market, as a round of solid economic data bolsters investor hopes in a recovery despite a rising tally of COVID-19 cases across the U.S.
U.S. Treasury yields were mostly unchanged on Monday, after long-dated debt last week hit a six-week low amid rising cases of COVID-19 here and elsewhere in the globe.
U.S. Treasury yields slide Friday, capping a weekly slump, as setbacks in efforts to reopen the economy in states like Texas and Florida undermined confidence in the U.S. recovery, bolstering demand for assets considered havens.