2023-10-17 19:11:43
Direct: US Treasury bond yields continued to rise during Tuesday’s trading, driven by an assessment of the economic prospects in the United States and the possibilities of maintaining a monetary tightening policy for a long period.
The yield on two-year Treasury bonds rose by more than 14 basis points to 5.239%, at 09:20 pm Mecca time, which is its highest level since at least 2006.
The yield on 10-year bonds increased by 14.5 points to 4.855%, while the yield on 30-year bonds increased by 8.5 points to 4.951%.
Official data today showed that retail sales in America rose by 0.7% during September on a monthly basis, while analysts’ expectations indicated an increase of only 0.3%.
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