The days of lower interest rates may be further away than many Americans had hoped, according to the latest survey of economists conducted by The Wall Street Journal. Why it matters: Roughly three-quarters of economists surveyed expect the 10-year Treasury ...
The Treasury market got some much-needed good news Wednesday as a closely watched $39 billion 10-year note auction produced exceptionally strong demand. The auction cleared at a high yield of 5.300%, according to the Treasury’s official results. Bid-To-Cover: Demand was ...
The Treasury market may be moving toward another inverted yield curve. While long-term yields have risen sharply, short-term yields have climbed even faster, dramatically narrowing the spread between the 2-year and 10-year Treasury. Why it matters: The 2-year/10-year spread was ...
The 10-year Treasury yield crossed 5% Monday morning for the first time since 2023, marking another milestone in a brutal three-week sell-off in the bond market. Why it matters: The 10-year yield has jumped roughly 35 basis points over the ...
We get jobless claims and a look at Philadelphia manufacturing activity today, but mortgage rates will likely be driven more by the market’s continued reaction to Wednesday’s surprise Treasury buyback announcement. What’s happening: The Wall Street Journal’s Sam Goldfarb, Brian ...
The Treasury Department is dramatically increasing its purchases of longer-term U.S. government debt, a surprise announcement Wednesday that helped send long-term Treasury yields sharply lower. Why it matters: The move is designed to improve liquidity in parts of the Treasury ...
Investors showed solid demand for U.S. government debt Wednesday, with the latest 10-year Treasury auction delivering another encouraging result for a bond market increasingly focused on the government’s borrowing needs. Why it matters: Strong Treasury auctions signal that investors remain ...