Showing posts with the label US Bonds and Fixed Income

US Bonds and fixed income: Turkey’s financial woes continue Alexandra Gibbs, Thomas Franck U.S. government debt yields rose on the first trading day of the week as financial concerns surrounding the stability of Turkey's currency worsened. The yield on the benchmark 10-year Treasury note was higher at around 2.875 percent at 2:48 p.m. ET, while the yield on the 30-year Treasury bond was in the black at 3.044 percent. Bond yields move inversely to prices. Global markets continue to see red, after Turkey's financial troubles sparked fear of contagion and the country's lira currency took a deep slide. On Friday, the lira temporarily tumbled 20 percent against the U.S. dollar , after President Donald Trump said he supported doubling metal tariffs on Ankara. While the lira pared some losses over the weekend — after the Turkish central bank moved to improve liquidity and while Turkey's finance minister said the government had outlined an action plan to alleviate concerns — it stil

US Bonds and Fixed Income: US Bonds and Fixed Income: trade tensions rumble on I CNBC US Bonds and Fixed Income: trade tensions rumble on Alexandra Gibbs, Thomas Franck