Treasury Yields Dip Slightly To Start The Week
The April Chicago Fed National Activity index, which tracks overall economic activity and related inflationary pressures, is due out at 8:30 a.m. ET. Federal Reserve Governor Lael Brainard is set to make a speech on digital currencies at the Consensus by CoinDesk cryptocurrency and blockchain conference at 9 a.m. ET.The April Chicago Fed National Activity index, which tracks overall economic activity and related inflationary pressures, is due out at 8:30 a.m. ET. Federal Reserve Governor Lael Brainard is set to make a speech on digital currencies at the Consensus by CoinDesk cryptocurrency and blockchain conference at 9 a.m. ET.
U.S. Treasury yields drifted lower on Monday morning, with little economic data due out at the start of the week.
The yield on the benchmark 10-year Treasury note fell to 1.617%. The yield on the 30-year Treasury bond dipped to 2.315%. Yields move inversely to prices.
TREASURYS
| TICKER | COMPANY | YIELD | CHANGE | %CHANGE |
|---|---|---|---|---|
| US3M | U.S. 3 Month Treasury | 0.013 | 0.008 | 0.00 |
| US1Y | U.S. 1 Year Treasury | 0.043 | 0.00 | 0.00 |
| US2Y | U.S. 2 Year Treasury | 0.151 | -0.006 | 0.00 |
| US5Y | U.S. 5 Year Treasury | 0.808 | -0.02 | 0.00 |
| US10Y | U.S. 10 Year Treasury | 1.606 | -0.026 | 0.00 |
| US30Y | U.S. 30 Year Treasury | 2.301 | -0.032 | 0.00 |
The April Chicago Fed National Activity index, which tracks overall economic activity and related inflationary pressures, is due out at 8:30 a.m. ET.
Federal Reserve Governor Lael Brainard is set to make a speech on digital currencies at the Consensus by CoinDesk cryptocurrency and blockchain conference at 9 a.m. ET.
However, investor focus this week will be on the April personal consumption expenditure index, as a measure of inflation, which is due out Friday. Rising inflation has been a concern for markets, with fears that it might force the Fed to tighten its easy monetary policy.
Auctions are due to be held Monday for $57 billion of 13-week bills and $54 billion of 26-week bills.
– CNBC