Ekonomické zprávy
15.10.2021

U.S. Treasury yields rise following jobs, inflation data

CNBC reports that U.S. Treasury yields rose, as investors weighed up the slew of key economic data that came out throughout the week.

The yield on the benchmark 10-year Treasury note climbed by more than 3 basis points to 1.55%. The yield on the 30-year Treasury bond added 3 basis points, rising to 2.05%. 

Both inflation and jobs data are being closely monitored by the Federal Reserve, to gauge when it will start to pull back its emergency stimulus measures, starting with the tapering of its bond buying program. Minutes from the Fed’s September policy meeting, released on Wednesday, showed that the central bank could start reducing its asset purchases as soon as mid-November. Following this update, as well as the release of key data throughout the week, the 10-year Treasury yield has fallen back below the 1.6% mark.

On Friday, September’s retail sales data is due out at 12:30 GMT. The University of Michigan’s preliminary consumer sentiment reading is then set to come out at 14:00 GMT.

Podívejte se také