Yields on the US Treasury fell on Monday morning, and traders’ consideration was directed to the discharge of inflation information and Congressional testimony by Federal Reserve Board Chairman Jerome Powell.
Benchmark yield 10-year government bond It fell 2 foundation factors to 1.334% at 7:00 AM EST.Yield 30-year government bond Decreased 1 foundation level to 1.963%. Yields are inversely proportional to cost, and one foundation level is equal to 0.01 proportion factors.
US inflation in June shall be introduced on Tuesday.
In the meantime, Powell will make a semi-annual financial coverage report within the US Home of Representatives and Senate on Wednesday and Thursday.
There aren’t any main financial releases scheduled for Monday.
The public sale is scheduled to happen on Monday, with 13-week invoices of $ 54 billion, 26-week invoices of $ 51 billion, 3-week invoices of $ 58 billion, and 10-year invoices of $ 38 billion. ..
Specializing in inflation information lowers Treasury yields
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