Bond Yields Today – Yield on 10-year Treasury jumps to 1.45% after wave of Fedspeak
The yield on the U.S. Treasury
TMUBMUSD10Y,
rose 7 basis points to 1.45%, extending recent gains, after dovish comments from leading central bank officials including Fed Chair Jerome Powell, Vice Chair Richard Clarida and Gov. Lael Brainard on Wednesday. The yield on the 10-year was just 0.915% on Jan. 4. The rise in yields put further pressure on the tech heavy Nasdaq 100, as futures on the lead contract
NQ00,
slumped 0.8%.
Bond Yields Today – Yield on 10-year Treasury jumps to 1.45% after wave of Fedspeak