U.S. Treasury yields have been declining since the start of trading in the new week, affected by concerns of a looming government shutdown as the deadline approaches for U.S. lawmakers to reach an agreement on a budget plan to fund government activities.
U.S. Congress members have begun discussions aimed at avoiding a government shutdown by agreeing on temporary funding or successfully passing a budget plan to secure permanent funding for the operation of federal government institutions, which must be achieved by next Friday at the latest.
The 10-year U.S. Treasury yield fell to 4.225% compared to the previous Friday’s close of 4.301%. The highest level for these yields was 4.302%, compared to the lowest level during the day at 4.201%.
U.S. President Donald Trump urged members of Congress, which is controlled by Republicans, to pass a bill to bridge the gap, but it is not clear that there are enough votes to pass the proposed legislation this week.<\/p>\n","protected":false},"excerpt":{"rendered":"
U.S. Treasury yields have been declining since the start of trading in the new week, affected by concerns of a looming government shutdown as the deadline approaches for U.S. lawmakers to reach an agreement on a budget plan to fund government activities.U.S. Congress members have begun discussions aimed at avoiding a government shutdown by agreeing …<\/p>\n","protected":false},"author":13,"featured_media":98233,"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":[],"class_list":["post-112678","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112678","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=112678"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112678\/revisions"}],"predecessor-version":[{"id":112683,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112678\/revisions\/112683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98233"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=112678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=112678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=112678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}