U.S. Treasury prices fell slightly on Tuesday to close out a bumper month for government bond yields.
Tuesday marks the final day of trading in February, with all major Wall Street stock indexes on pace for a second negative month in three.
Investors continue to monitor economic data and corporate earnings from major retailers for clues on the outlook for inflation, economic activity and ultimately, the future path of theMeanwhile the 10-year Treasury yield has advanced more than 50 basis points for the month, and the"Notably, current yields are meaningfully higher than where they stood in mid-January.
"On the margin, stocks are seeing increased competition from bonds and money market funds this month. We believe this dynamic is contributing to the outflows seen across equity funds in February." Durable goods orders fell in January, new figures revealed Monday, as consumers pulled back spending on big-ticket items. Consumer confidence readings and the ISM manufacturing survey are on the slate later in the week.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Gold Price Forecast: XAU/USD pokes $1,820 hurdle as United States Treasury bond yields retreatGold price (XAU/USD) struggles to defend the week-start rebound around $1,817, flirting with a short-term technical resistance, as the metal traders a
Les mer »
S&P 500 Futures track Wall Street’s gains despite sluggish Treasury bond yieldsS&P 500 Futures track Wall Street’s gains despite sluggish Treasury bond yields – by anilpanchal7 RiskAppetite SP500 Futures YieldCurve CentralBanks
Les mer »
Comer demands Treasury official testify after stonewalling Hunter Biden records requestsThe House Oversight and Accountability Committee chairman is accusing the Treasury Department of obstructing the panel’s probe into the Biden family by stonewalling repeated requests related to presidential son Hunter Biden.
Les mer »
US Treasury Sec. Yellen: ‘So far, so good’ in US inflation battleIn an exclusive interview with CNN News on Monday, US Treasury Secretary Janet Yellen expressed her take on the inflation and economic outlook. Key qu
Les mer »
CNBC Daily Open: Stocks rebound as Treasury yields dip, but analysts aren't optimisticMarkets pulled back from their lows of last week and managed to stage a rebound. But they're still on track to end February in the red.
Les mer »
Benchmark Treasury yields eye 4% as inflation worries lingerBond investors remain rattled by signs U.S. inflation is not coming down as quick as hoped.
Les mer »