(Bloomberg) -- Treasury notes were little changed
before a government report that economists said will show waning
demand for U.S. securities from investors outside the nation.
A two-day slide in yields has pushed 10-year rates to
around 20 basis points less than the Federal Reserve's target
for overnight bank lending. Two-year yields are 38 basis points
below the target, too low for some traders since the Fed will
probably refrain from reducing interest rates this year.
Read more at Bloomberg Bonds News
before a government report that economists said will show waning
demand for U.S. securities from investors outside the nation.
A two-day slide in yields has pushed 10-year rates to
around 20 basis points less than the Federal Reserve's target
for overnight bank lending. Two-year yields are 38 basis points
below the target, too low for some traders since the Fed will
probably refrain from reducing interest rates this year.
Read more at Bloomberg Bonds News
No comments:
Post a Comment