U.S. Markets Overview: Treasurys chart
|US 3-MO||U.S. 3 Month Treasury||2.432||0.005||0.00|
|US 1-YR||U.S. 1 Year Treasury||2.418||0.005||0.00|
|US 2-YR||U.S. 2 Year Treasury||2.356||0.029||0.00|
|US 5-YR||U.S. 5 Year Treasury||2.312||0.033||0.00|
|US 10-YR||U.S. 10 Year Treasury||2.501||0.024||0.00|
|US 30-YR||U.S. 30 Year Treasury||2.931||0.027||0.00|
The Fed released the minutes of its March monetary policy meeting on Wednesday, revealing that Fed officials are leaving room for possible interest rate increases by the end of the year but adding that they currently do not expect to make any changes.
Speaking at a press conference in Frankfurt, Germany on Wednesday, ECB President Mario Draghi warned that data gathered by policymakers in recent weeks had confirmed “slower growth momentum” in the euro zone. The German 10-year government bond yield, an important benchmark for European fixed-income assets and one that is viewed as a safe haven for investors, dipped into negative territory on the back of Draghi’s comments.
On the data front Thursday, weekly jobless numbers and a producer price index are expected at 08:30 a.m. ET.
Also on Thursday, the IMF Spring Meeting kicks off in Washington, D.C., which is attended by central bank governors, finance ministers and government officials.
The U.S. Treasury will auction $50 billion in four-week bills, $35 billion in eight-week bills and $16 billion in 30-year bonds.