{"id":54988,"date":"2021-11-17T19:38:10","date_gmt":"2021-11-17T15:38:10","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54988"},"modified":"2021-11-18T04:20:20","modified_gmt":"2021-11-18T00:20:20","slug":"treasury-yields-surge-after-housing-starts-slip","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/treasury-yields-surge-after-housing-starts-slip\/11\/17\/market-updates\/","title":{"rendered":"Treasury Yields React To Housing Starts"},"content":{"rendered":"\n<p>U.S. Treasury yields briefly inched higher on Wednesday morning, following the October housing starts and building permits report.<br><br>The yield on the benchmark 10-year Treasury note ticked up less than a basis point to 1.639% at 9:50. The yield on the 30-year Treasury bond edged 1.6 basis points higher to 2.036%. <br><br>Yields move inversely to prices and 1 basis point is equal to 0.01%. On Wednesday the Commerce Department reported homebuilding in October fell 0.7% to an annual rate of 1.52 million units, short of expectations. <br>Permits in October rose 4% to an annual rate of 1.65 million, topping estimates. <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The Commerce Department reported on Tuesday that retail spending in October accelerated at its fastest pace since the 1990s, rising by 1.7%, up from 0.8% in September.<br><br>Meanwhile, the November National Association of Home Builders Housing Market index rose more than expected, to its highest point since last May.<br><br>This strong batch of economic data coincides with concerns about rising inflation and how quickly the Federal Reserve will subsequently pull back its emergency stimulus measures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Treasury yields briefly inched higher on Wednesday morning, following the October housing starts and building permits report.The yield on the benchmark 10-year Treasury note ticked up less than a basis point to 1.639% at 9:50. The yield on the 30-year Treasury bond edged 1.6 basis points higher to 2.036%. Yields move inversely to prices &hellip;<\/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":[37,36],"tags":[7791,7132,6984,6871],"class_list":["post-54988","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-commerce-department","tag-housing-starts","tag-treasury-yields","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54988","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=54988"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54988\/revisions"}],"predecessor-version":[{"id":55100,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54988\/revisions\/55100"}],"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=54988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}