Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance’s TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in the U.S. The House of Representatives on Wednesday passed a bipartisan bill that if signed into law would force ByteDance to either divest its flagship … Read more
When investors think of the financial markets, the first thing that likely comes to mind is the stock market. But there is a bigger, less-flashy counterpart to the equity market: the bond market. At the heart of the fixed income space lies U.S. Treasurys, one of the safest investments in the world. “We have not … Read more
U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was 6 basis points higher to 4.295%, just under the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.66% after rising by 9 basis points. At one point, the yield … Read more
U.S. Treasury yields nudged slightly higher on Tuesday, as market participants await the release of key economic data points later in the week. At 5:52 a.m. ET, the yield on the benchmark 10-year Treasury note was around 3 basis points higher at 4.128% while the yield on the 30-year Treasury bond was up around 2.9 … Read more
The 10-year U.S. Treasury yield retreated on Tuesday, reversing course from the previous day’s trade and continuing a general downward trend over the past week. The yield on the benchmark 10-year note was down 4.5 basis points at 3.9089%, having fallen below 4% on Thursday to hit its lowest point since July. Yields move inversely … Read more
The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was more than 2 basis points higher at 3.954%. On Thursday, the yield fell below the 4% level, hitting its lowest since July. The 2-year Treasury yield was little changed at 4.459%, below … Read more
U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week’s Federal Reserve policy meeting. The yield on the benchmark 10-year Treasury note was just over a single basis point higher at 4.2563%, while the yield on the 30-year Treasury bond was just under a point higher at 4.3339%. Yields move … Read more
U.S. Treasury yields were little changed on Wednesday as investors assessed the state of the economy after the release of labor market data. The yield on the 10-year Treasury was less than 1 basis point higher at 4.174%. It had fallen below the 4.2% mark for the first time since early September on Tuesday. The … Read more
British ex-Treasury chief Alistair Darling has died at age 70 ByThe Associated Press November 30, 2023, 9:13 AM FILE – British Chancellor, Alistair Darling speaks to the media about economy in a press conference in London, Monday, April 19, 2010. Darling, a central figure in the U.K.’s response to the 2008 financial crisis who later … Read more
U.S. Treasury yields were slightly higher on Tuesday, as investors awaited the release of economic data that could provide hints about the economic outlook. The 2-year Treasury yield was up by about 3 basis points at 4.885%. The 10-year Treasury yield was 2 basis points higher at 4.4%. Yields and prices have an inverted relationship, … Read more