Ekonomické zprávy
26.10.2021

U.S. Treasury yields fall slightly on Tuesday

CNBC reports that U.S. Treasury yields dipped, amid concerns about inflation and weaker economic growth.

The yield on the benchmark 10-year Treasury note fell less than a basis point to 1.623%. The yield on the 30-year Treasury bond fell less than a basis point to 2.066%.

U.S. stock markets closed the previous session at record highs, amid strong company earnings reports. However, concerns about a combination of rising inflation and slowing economic growth, also known as “stagflation,” continue to plague investor sentiment.

On Tuesday, the number of new homes sold in the U.S. in September is due to come out at 14:00 GMT. Economists are expecting that home sales grew 760,000 in September. The October CB consumer confidence index is also set to be released at 14:00 GMT.

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