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US a two year yield pushes 4.20% for the first time since March 22

US a two year yield pushes 4.20% for the first time since March 22
The two-year note is trading near highs for the day. The current yield is at 4.194% up 9.1 basis points. The high yield reached 4.207%. The move above 4.20% today was the first since March 22. The low yield for the month came on April 5 at 3.646%. On Friday Fed's Waller gave the issue the most recent goose to the upside when he said the Fed was not making progress on inflation and that there was room for further rate hike's (as in plural). Those comments took the yield up from about 4.06%. Look... Read More
Posted: Apr 17 2023, 18:44
Author Name: forexlive
Views: 110694

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