Everything About Forex

Headlines

US Conference Board Consumer Confidence: Dollar risk premium subsides as market panic fades>>FOREX: Prospects for global economic recovery look bleak – Reuters poll>>CRYPTO: BTC/USD lacks strong resistance levels as bulls fight back>>

InvestAZ

Powered By GreenForexClub.

Tuesday, May 07, 2019

US Treasury Yields Fall

US Treasury yields trade lower over escalating trade tensions between US and China. Investors adopt a wait and watch approach towards the latest developments on the trade war.

After Trump announced a hike on tariffs from 10% to 25% on $200 billion worth of Chinese goods, the yield on the 10-year Treasury note ticked down to 2.4800%. The yield on the 30-year Treasury bond also fell to 2.8945% early Tuesday morning.
There is still hope for the trade discussions to resume and progress as Chinese Vice Premier Liu He has confirmed his visit to the US later this week.


Posted By 
GreenForexClub

No comments:

Post a Comment