The interest of longer-term Treasuries began operating in low, reversing high from earlier, as demand for paper has gained strength after the performance of the T-note 10 years to reach 2.5% for the first time since September.
The movement of Treasuries also He followed a rally in European bonds. According to analysts, the German Bund of the interest forward 10 years to the level of 1% yesterday, has generated a new wave of buying papers. Earlier, the yield of the German benchmark bonds retreated nearly 0.1 percentage point to 0.908%.
The high prices of Treasuries, leading to the drop in interest rates, is a time relief for the fixed income markets, they face a period of strong liquidation since mid-April, amid a more optimistic outlook for growth and inflation in the US and Europe.
At 11h05min (GMT), the interest of the T-10-year note retreated to 2.451%, while the T-bond 30-year fell to 3.175%. The return T-note 2 years, on the other hand, the advancing and jarred 0.745% after data on US retail sales, which were considered positive, although the gain of May (1.2%) has been slightly below expectations (1.3%).
Later, the US Treasury performs the last and third auction this week, with an offer of US $ 13 billion in papers 30 years . The result of the auction is scheduled for 14h (GMT).
No comments:
Post a Comment