The US 10-year rate continues to fall

The US 10-year yield is down 6 out of 8 days now

The US 10-year yield hit an intraday low of 2.584% today. This move brought the yield closer to the next target at 2.53% to 2.557% (high from March 28 and trough from April 7 before the rise).

The price is now down 6 in the past 8 trading days after peaking at 3.081% on July 21. From today’s high to today’s low, the yield is down -50 basis points. Recall that last week the FOMC raised its rates by 75 basis points.

The positive spread between US 10-year rates and German 10-year rates also helped. It is currently around 183 basis points. By mid-June, the yield spread was only about 150 basis points. As a result, fund flows to the United States are attractive for global investors compared to mid-June.

German 10-year yields fell from an intraday high of 1.90% to 0.78% currently, while US yields fell from 3.5% to a low of 2.58% today .

The 10-year gap between the United States and Germany.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button