Bond yields feeling heavy ahead of key US data later ...Middle East

News by : (forex live) -
The bond king's latest call earlier this month isn't going so well thus far. 10-year Treasury yields are down some 26 bps in May as of today, with eyes on more big moves when we get to key US data later. The CPI report will be the one to watch but there's also retail sales and the NY Fed manufacturing index released at the same time.As we look to that, bond buyers are continuing to stay firm as they have been since the turn of the month. 10-year yields are down at 4.42% now, nearing a drop to its lowest in roughly five weeks.From a technical standpoint, we're moving towards drawing in the 200-day moving average (blue line) at ~4.33% currently. That will be one to watch in considering any fur

Hence then, the article about bond yields feeling heavy ahead of key us data later was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Bond yields feeling heavy ahead of key US data later )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار