Treasury Yields Mixed as Markets Price in a Fed Hold

Dow Jones03:46

1546 ET - Treasury yields are mixed ahead of Wednesday's Fed meeting. Odds of an interest rate hold are priced at 90%, according to CME. The Treasury auctions $69 billion in two-year notes amid signs of soft demand. September durable goods orders are expected to increase 1.7%, according to a WSJ consensus, after being flat in August. The Conference Board Consumer Confidence Index is forecast to cool slightly. The 10-year yield is unchanged at 4.987%, while the two-year rises 0.032 percentage point to 4.712%. The 30-year slips 0.014 point to 5.300%.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment