{"id":107366,"date":"2024-10-18T20:36:00","date_gmt":"2024-10-18T16:36:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=107366"},"modified":"2024-10-19T05:48:43","modified_gmt":"2024-10-19T01:48:43","slug":"t-yields-plunge-following-fresh-us-data","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/t-yields-plunge-following-fresh-us-data\/10\/18\/market-updates\/","title":{"rendered":"T-yields plunge following fresh us data"},"content":{"rendered":"\n<p>U.S. Treasury yields have declined, pressured by a fresh batch of positive economic data and uncertainty surrounding the 2024 U.S. presidential election and the Federal Reserve&#8217;s future interest rate path.<\/p>\n\n\n\n<p>Treasury yields dropped to 4.074%, compared to the previous day&#8217;s close of 4.096%. Yields on these sovereign securities had reached a session high of 4.122% and a low of 3.067%.<\/p>\n\n\n\n<p>The U.S. housing starts index fell by 0.5% to 1.354 million units, but remained above market expectations of 1.350 million units. The U.S. building permits index, an indicator of future construction activity, declined by 2.9% to 1.428 million permits in September, compared to expectations of 1.460 million permits.<\/p>\n\n\n\n<p>U.S. retail sales for September increased by 0.4% compared to the previous month&#8217;s reading of 0.1%, which was higher than market expectations of a 0.3% increase.<\/p>\n\n\n\n<p>Retail sales excluding automobiles also rose by 0.5% last month compared to the previous month&#8217;s reading of 0.2%, indicating higher-than-expected levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury yields have declined, pressured by a fresh batch of positive economic data and uncertainty surrounding the 2024 U.S. presidential election and the Federal Reserve&#8217;s future interest rate path. Treasury yields dropped to 4.074%, compared to the previous day&#8217;s close of 4.096%. Yields on these sovereign securities had reached a session high of 4.122% &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53146,"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":[37,36],"tags":[6885,8642,7002,9742],"class_list":["post-107366","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-fed","tag-housing-data","tag-retail-sales","tag-treasury-yileds"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107366","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=107366"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107366\/revisions"}],"predecessor-version":[{"id":107367,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/107366\/revisions\/107367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53146"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=107366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=107366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=107366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}