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27 Mar 2015
US Treasury yields fall
FXStreet (Mumbai) - The Treasury prices in the US rose, pushing the yields lower as investors await the final fourth quarter GDP reading due for release today.
The 10-year yield is back below 2%, trading 2.3 basis points (bps) lower for the day at 1.986%. The 30-year yield is down 2.2 bps at 2.578%. At the short-end of the curve, the 2-year, which mimics short –term interest rate expectations, fell 1.2 bps to 0.61%.
The yields had shot higher in the previous session, with the 10-year yield having gained from 1.89% to 2.012% mainly on account of a better-than-expected US data. The signs of stabilization in the US equities also helped yields rise.
The 10-year yield is back below 2%, trading 2.3 basis points (bps) lower for the day at 1.986%. The 30-year yield is down 2.2 bps at 2.578%. At the short-end of the curve, the 2-year, which mimics short –term interest rate expectations, fell 1.2 bps to 0.61%.
The yields had shot higher in the previous session, with the 10-year yield having gained from 1.89% to 2.012% mainly on account of a better-than-expected US data. The signs of stabilization in the US equities also helped yields rise.