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Showing posts with the label Yields Report.

Bonds | Yields Report on Monday, January 10, 2022, by CNBC

 Source: cnbc.com 10-year yield rises to 1.8% to start the week, with inflation data in focus Vicky McKeever 2-3 minutes U.S. Treasury yields moved higher on Monday morning, as investors turned their focus to inflation data and a Senate testimony by Federal Reserve Chairman Jerome Powell. The yield on the benchmark 10-year Treasury note added more than 3 basis point, rising to 1.806% at 10:20 a.m. ET. The yield on the 30-year Treasury bond ticked up more than 2 basis point to 2.144%. Yields move inversely to prices and 1 basis point is equal to 0.01%. Treasurys Powell's nomination hearing in the Senate is scheduled for 10 a.m. ET on Tuesday. The hearing for Fed Governor Lael Brainard's nomination to the post of vice chair of the central bank is due to take place at 10 a.m. ET on Thursday. The December consumer price index is due out at 8:30 a.m. ET on Wednesday, and last month's producer price ind

Bonds | Yields Report by CNBC

 Source: cnbc.com 10-year yield rises after unemployment rate falls to 3.9%, continuing big increase to start 2022 Maggie Fitzgerald, Vicky McKeever 2-3 minutes U.S. Treasury yields rose on Friday following the release of December's nonfarm payrolls report. The yield on the benchmark 10-year Treasury note rose 6 basis points to 1.794%. The yield on the 30-year Treasury bond rose 4 basis points to 2.139%. Yields move inversely to prices and 1 basis point is equal to 0.01%. Treasurys December's nonfarm payrolls grew by 199,000, while economists were expecting the economy to have added  422,000 jobs in December , according to estimates compiled by Dow Jones. While the overall jobs number was disappointing, the unemployment rate dropped to 3.9%, according to Bureau of Labor Statistics data. The unemployment rate was forecast to come in at 4.1%. Plus, average hourly earnings increased by 0.6%, above expectatio

Bonds | Yields Report (Morning Edition): European markets hit record high as U.S. data boosts recovery hopes

cnbc.com Elliot Smith 3-4 minutes European markets advanced on Friday to notch record highs as global stocks take heart from strong economic data out of the U.S. The pan-European Stoxx 600 gained 0.4% in early trade to pass Thursday's intraday record high. Insurance stocks added 1.3% to lead gains as almost all sectors and major bourses entered positive territory. Global equities look to be heading for a seventh consecutive day of gains after first-time jobless claims in the U.S. fell to a new pandemic low of 406,000 , according to Labor Department data on Thursday, delivering a positive indication of the health of the recovery in the world's largest economy. Asian stocks also climbed in Friday's trade, led by a gain of more than 2% for Japan's Nikkei 225 , while U.S. stock futures were pointing to a strong open on Wall Street later in the day. Investors are also monitoring negotiations in Washington over an infras