Previous Close | 4.1890 |
Open | 0.0000 |
Volume |
Day's Range | 0.0000 - 0.0000 |
52 Week Range | |
Avg. Volume | 0 |
The yield on the benchmark U.S. 10-year Treasury note rose to 4.22% Monday morning. It’s tempting to say that the move is due to rising expectations of a second Donald Trump presidency, but the gain has to be put into context. The 10-year yield was hovering around 4.3% just last Thursday before the more-benign-than-expected consumer price index report raised hopes of a Federal Reserve rate cut as soon as September.
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said.
Investing.com -- The 10-Year Treasury yield fell for a second week in a row on Friday, prompting some on Wall Street to bet on a potential slip below 4% by the end of the summer as the Federal Reserve closes in on its first rate cut.