The US Yields Near Five-Month Lows

The yield on the US 10-year Treasury fell to 1.33% in the third week of July, near levels not seen since February, amid concerns that the peak of the economic recovery has passed and growth slowing both in the US and abroad.

Investors’ attention now turns to the Q2 earnings season which will provide an update on the recovery of the private sector.

New economic data to be released during the week including consumer and producer inflation, retail sales, and industrial production will also provide more clues to economic strength.