US Treasury yields have continued to climb since the open, driven by market optimism following a series of positive economic data releases. Additionally, markets are eagerly awaiting the release of the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, later this week.<\/p>\n\n\n\n
The yield on the 10-year Treasury note rose to 3.826%, up from the previous close of 3.818%. Yields on this type of security reached an intraday low of 3.809% and a high of 3.870%.<\/p>\n\n\n\n
A batch of economic data has added to the upward pressure on Treasury yields, indicating a rise in US consumer confidence in August. The Conference Board’s consumer confidence index climbed to 103.3 in August, up from 101.9 in the previous month, suggesting a boost in risk appetite across global financial markets.<\/p>\n\n\n\n
Markets are now looking ahead to the release of the PCE price index on Friday, which is considered the Federal Reserve’s most reliable inflation measure.<\/p>\n","protected":false},"excerpt":{"rendered":"
US Treasury yields have continued to climb since the open, driven by market optimism following a series of positive economic data releases. Additionally, markets are eagerly awaiting the release of the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, later this week. The yield on the 10-year Treasury note rose to …<\/p>\n","protected":false},"author":13,"featured_media":53032,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37],"tags":[6877,6928,6885,6874,6987,6846],"class_list":["post-105171","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","tag-dollar","tag-euro","tag-fed","tag-gold","tag-inflation","tag-oil"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105171","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=105171"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105171\/revisions"}],"predecessor-version":[{"id":105172,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/105171\/revisions\/105172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53032"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=105171"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=105171"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=105171"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}