U.S. Treasury yields continue to fall… 10-year at 4.29%

JH Kim

Summary

It was reported that U.S. Treasury yields are extending their decline.
It was reported that the 10-year Treasury yield fell 2.8bp to 4.293%, while the 2-year yield slipped 1.7bp to 3.786%.
It said the latest decline in yields is seen as reflecting expectations for easing inflation and the possibility of a more accommodative Fed monetary policy.

Forecast Trend Report by Period

U.S. Treasury yields are extending their decline.

According to Walter Bloomberg on the 2nd (local time), the 10-year Treasury yield fell 2.8bp to 4.293%, while the 2-year yield slipped 1.7bp to 3.786%.

The latest drop in yields is seen as reflecting expectations for easing inflation along with the possibility that the Federal Reserve could move toward a more accommodative monetary policy.

Markets are watching how the decline in yields could affect risk-asset appetite.