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17 Apr 2015
US treasury yields slide ahead of inflation report
FXStreet (Mumbai) - The yields on the long duration and short duration Treasuries in the US fell ahead of the data in the US which could show annualized CPI remained unchanged in March.
The 10-year yield fell 2.5 basis points to 1.853%, while the 30-year yield fell 2.3 basis points to 2.534%. At the short-end of the curve, the 2-year yield fell 1.6 basis points to 0.468%, while the 1-year yield trades largely unchanged at 0.202%.
The Treasury yields came under pressure tracking the fall in the core Eurozone bond yields to record lows. The German 10-year Bund yield hit a fresh record low of 0.068% on Friday as the safe haven Bunds continue to attract safe haven flows on an increasing threat of Greek default.
The investors now await the data in the US, which is likely to show annualized CPI in March stayed unchanged at 0.00%, while month-on-month the CPI stayed unchanged at 0.2%.
The 10-year yield fell 2.5 basis points to 1.853%, while the 30-year yield fell 2.3 basis points to 2.534%. At the short-end of the curve, the 2-year yield fell 1.6 basis points to 0.468%, while the 1-year yield trades largely unchanged at 0.202%.
The Treasury yields came under pressure tracking the fall in the core Eurozone bond yields to record lows. The German 10-year Bund yield hit a fresh record low of 0.068% on Friday as the safe haven Bunds continue to attract safe haven flows on an increasing threat of Greek default.
The investors now await the data in the US, which is likely to show annualized CPI in March stayed unchanged at 0.00%, while month-on-month the CPI stayed unchanged at 0.2%.