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U.S. Two-Year Treasurys Gain Appeal at 3.80% Yield Level -- Market Talk

Dow Jones03-20 14:52

0652 GMT - The two-year U.S. Treasury yield starts to gain appeal at 3.80% if the war in the Middle East ends soon, Societe Generale's Subadra Rajappa and Shakeeb Hulikatti say in a note. "With an interest-rate hike unlikely in the U.S. and the potential for a quick reversal in the recent price action if the war ends, the 2-year Treasury yield at 3.80% starts to look attractive," the U.S. rates strategists say. A prolonged conflict and continued rise in oil prices are a risk to this view, they say. The two-year Treasury yield last trades 3.7 basis points lower at 3.794%, according to Tradeweb. (emese.bartha@wsj.com)

 

(END) Dow Jones Newswires

March 20, 2026 02:52 ET (06:52 GMT)

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