Open Demo Account
Home / Market Update / The Two-Year US Bond Yield Rose to Its Highest Level Since March 2020

The Two-Year US Bond Yield Rose to Its Highest Level Since March 2020

Adel 28 September, 2021 3:01 pm Market Update

The US two-year bond yield rose to an 18-month high, as expectations of the Federal Reserve continually curtailing its asset purchases.

According to Bloomberg, the yield rose 3 basis points on Tuesday to 0.31%, after Monday’s auction saw weak demand.

US bond yields have been rising since last week when the Federal Reserve indicated that curtailing asset purchases may begin in November.

Tags

Check Also

Dollar Climbs Amid Trade Talk Confusion and Fed Rate Cut Hopes

The US Dollar gained ground on Friday, with the US Dollar Index (DXY) rising 0.37% …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends