Express
US Treasury yields fall ahead of US data release
Summary: According to reports, US Treasury yields fell during afternoon trading in Asia, with upcoming ISM index and employment data likely supporting expectations of a Fed rate cut this year. Helaba analysts stated in a report, 'Speculation of a rate cut is unlikely to diminish before the end of this week.' The decline in yields was ...
According to reports, US Treasury yields fell during afternoon trading in Asia, with upcoming ISM index and employment data likely supporting expectations of a Fed rate cut this year. Helaba analysts stated in a report, 'Speculation of a rate cut is unlikely to diminish before the end of this week.' The decline in yields was driven by long-term bonds, causing the yield curve to flatten after steepening the previous day.
