The Limited Times

Now you can see non-English news...

US Treasury yields fall after hitting record highs

2022-05-09T18:35:15.972Z


New York, SANA- The yields of most US Treasury bonds fell after hitting their highest level since November


New York-Sana

The yields of most US Treasuries fell after hitting their highest level since November 2018.

Reuters reported that yields fell amid profit-taking after the benchmark 10-year Treasury yield hit its highest level in three and a half years, while inflation fears continue to turmoil markets.

It added that the 10-year bond yield was traded at 3.0911 percent, after it had earlier recorded 3.20 percent, its highest level in nearly three years.

The latest inflation data in the United States, which will be released next Wednesday, is expected to show that the pace of the core consumer price index slowed in April to 6 percent, while the general consumer price index fell to 8.1 percent from 6.5 percent, according to economists' expectations.

Source: sena

All business articles on 2022-05-09

You may like

News/Politics 2024-03-13T09:12:21.212Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.