Treasuries rise as trade war remains central topic

Tuesday, 27. August 2019 16:17

Treasuries traded with gains on Tuesday and their yields, which move in the opposite direction, declined as investors continued to worry about the implication of the trade relations between the United States and China. The yield curve between the 2-year and 10-year Treasuries remained inverted, leading some analysts to fear a recession.

The 2-year note's yield was unchanged at 1.551% at 10:11 am ET and the yield on the 10-year Treasury lost 0.031 basis points at was 1.513% at 10:12 am ET. The US 30-year Treasury yield was 0.051 basis points lower at 1.989% at 10:13 am ET. Their corresponding bond futures were 0.02% lower for the 2-year note and 0.08% and 0.53% higher for the 10-year and 30-year Treasuries, respectively.

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Breaking the News / VP