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المشهد العربي
Source: المشهد العربي
24 Hrsالمشهد العربي
Source: المشهد العربي
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The U.S. market experienced a decline in bond yields during today’s trading session, as investors’ expectations regarding upcoming inflation data and the speech by the Federal Reserve Chair at the Jackson Hole symposium influenced sentiment. The yield on two-year bonds dropped by 1.9 basis points to 4.217%, while 10-year bonds decreased by 4.0 basis points to 4.664%. Additionally, 30-year bonds saw a decline of 3.5 basis points to 5.194%. This comes as the market awaits the release of July’s core Personal Consumption Expenditures (PCE) index data, which is expected to confirm a stable annual rate of 3.3%, along with the Treasury Secretary’s speech concerning long-term bond purchases.
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