Following a strong $39 billion Treasury sale, bond prices rose, leading to a drop in US 10-year yields to 4.40%. U.S. Treasury yields fell after soft CPI reports, with the 10-year yield last down to 4.266%. The U.S. Dollar Index sank, and Treasury yields tumbled as CPI fueled rate cut bets. Additionally, the U.S. 30-year Treasury yields extended declines after a $22 billion auction, last down to 4.404%.
TREASURY 5-YEAR, 7-YEAR YIELDS FALL 10 BASIS POINTS
30-YEAR US TREASURY YIELDS EXTEND DECLINE AFTER $22 BLN AUCTION, LAST DOWN 4.6 BPS TO 4.404%
🇺🇸 United States 30-Year Bond Auction $USD Actual: 4.403% Previous: 4.635%
US 29-YEAR 11-MONTH BONDS: 4.625% COUPON US 29-YEAR 11-MONTH BONDS: INDIRECT BID 68.5%; DIRECT BID 17.8% US 29-YEAR 11-MONTH BONDS: BID-TO-COVER 2.49 US 29-YEAR 11-MONTH BONDS: 4.403%; 8.49% AT HIGH
US 10-Year Bond Yield Trades Below 4.25% On Weak PPI Data
⚠️ GERMANY'S 10-YR BOND YIELD DE10YT=RR FALLS TO LOWEST SINCE 21 MAY AT 2.489%, DOWN 5 BPS
U.S. TREASURY YIELDS DIP AFTER INITIAL CLAIMS, PPI DATA; 10-YEAR YIELD LAST DOWN 3.00 BASIS POINTS TO 4.266%
ITALIAN 7 YR BTP YIELD ACTUAL 3.72% (FORECAST -, PREVIOUS 3.52%) $MACRO
⚠️ U.S. TREASURY YIELDS PARE DECLINES AFTER FED POLICY STATEMENT; 10-YEAR YIELD LAST DOWN 11.7 BASIS POINTS TO 4.285%
*TREASURY 10-YEAR YIELD FALLS 15 BASIS POINTS ON DAY TO 4.25%
TREASURY 10-YEAR YIELD FALLS 15 BASIS POINTS ON DAY TO 4.25%
U.S. DOLLAR INDEX SINKS, TREASURY YIELDS TUMBLE AS CPI FUELS RATE CUT BETS
U.S. 10-YEAR TREASURY YIELD FALLS 10 BASIS POINTS AFTER SOFT CPI REPORT
⚠️BREAKING: *U.S. 10-YEAR TREASURY YIELD FALLS 10 BASIS POINTS AFTER SOFT CPI REPORT 🇺🇸🇺🇸 https://t.co/o8NMvNjrhN
🇮🇹 Italy Italian 12-Month BOT Auction $EUR Actual: 3.584% Previous: 3.545%
🇩🇪 Germany German 10-Year Bund Auction $EUR Actual: 2.600% Previous: 2.530%
BONDS ROSE FOLLOWING A STRONG $39 BILLION TREASURY SALE, WITH A HIGH BID-TO-COVER RATIO OF 2.67, LEADING TO A DROP IN US 10-YEAR YIELDS TO 4.40%