Home / Market Update / U.S. Treasury Yields Rise Amid Hopes for Economic Recovery

U.S. Treasury Yields Rise Amid Hopes for Economic Recovery

Treasury yields in the United States rose on Wednesday, amid anticipation for wider vaccines rollouts, anticipation for increased government stimulus by the Biden administration, and increased hopes for economic recovery in 2021.

The benchmark 10-year Treasury bond yield increased by 2.4 basis points to 1.129%.

The return on the 30-year bonds leveled up by 3.4 basis points to 1.911%, reaching its highest level since late February of last year.

Meanwhile, the two-year note yield remained nearly unchanged at 0.115%.

Check Also

European Equities Remain Range-Bound as Investors Await Progress in U.S.-China Trade Talks

European equity indices traded in tight ranges on Tuesday, with investors closely watching ongoing trade …