The article discusses the recent fluctuations in Treasury yields in the US financial space. Treasury yields have been dropping as the market awaits data on inflation rates, consumer price index, and producer price index for October. The 10-year Treasury yield fell to 4.3062%, compared to 4.4490% five days ago, while the 2-year Treasury yield dropped to 4.2519% from 4.2990% five days ago. The bond sell-off following Trump's re-election caused yields to spike, with economists expressing concerns about potential inflation and rising deficits due to Trump's monetary policy changes. The Federal Reserve has been trying to keep inflation low but economists fear that Trump's policies could undermine these efforts.
- Content Editor ( cryptopolitan.com )
- 2024-11-11
The U.S. Treasury yields dip ahead of the inflation and CPI readings on November 13