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On Friday U.S. Treasury yields moved lower after Covid-19 cases globally reached a single-day record, along with uncertainty ahead of next week’s United States presidential election.
Read Moreu.s. Treasury yields dip as covid cases surge and election uncertainty continues
On Thursday U.S. Treasury yields moved slightly lower ahead of economic data due to be released later in the day, which is expected to show record-breaking growth in the U.S. economy.
Read Moreu.s. Treasury yields tick lower ahead of third-quarter growth figures
On Wednesday U.S. government debt prices were lower as hope returned for a fresh round of fiscal stimulus before the election. The yield on the benchmark ten year Treasury note had jumped to 0.8293% while the yield on the thirty year Treasury bond climbed to 1.6430%. Yields move inversely to prices.
Read Moreu.s. Treasury yields climb on renewed stimulus optimism
On Tuesday treasury yields slipped as traders digest the latest news surrounding a potential U.S. fiscal stimulus package along with muted inflation growth.
Read Moreu.s. Treasury yields fall as traders weigh U.S. covid-19 stimulus prospects
On Tuesday United States government debt prices were higher, as investors closely monitored economic data and Treasury auctions. The yield on the benchmark 10-year Treasury note was lower at 0.6693% and the yield on the 30-year Treasury bond was down at 1.4253%. Yields move inversely to prices.
Read Moreu.s. Treasury yields lower as coronavirus cases rise, China extends rally