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US revenues fall following Fed easing

US revenues fall following Fed easing

U.S. Treasury bond yields declined after rising to their highest levels in years, as investors bought in following statements from a Federal Reserve official suggesting a slowdown in inflation and the possibility of keeping interest rates steady. The yield on 10-year bonds fell to 4.755%, while the 2-year yield decreased to 4.332%. In Europe, the yield on 10-year German bonds dropped to 3.362%, despite having increased since 2011, while the French yield rose to 4.237% amid concerns over fiscal deficits. Markets are also awaiting the upcoming U.S. employment report scheduled for Friday.

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