{"id":179770,"date":"2021-02-16T23:52:00","date_gmt":"2021-02-16T20:52:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/"},"modified":"2021-02-16T23:52:00","modified_gmt":"2021-02-16T20:52:00","slug":"10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/","title":{"rendered":"#\n  10-year Treasury yield marks biggest daily jump in over three months"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3844eaefc50\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3844eaefc50\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/#What_are_Treasurys_doing\" >What are Treasurys doing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/#Whats_driving_Treasurys\" >What\u2019s driving Treasurys?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/#What_did_market_participants_say\" >What did market participants say?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-marks-biggest-daily-jump-in-over-three-months\/#Sunny_Oh\" >Sunny Oh<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  10-year Treasury yield marks biggest daily jump in over three months<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\">\n<\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000166999\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       U.S. Treasury yields surged Tuesday, starting the week on a bearish footing as traders fled from longer-dated government bonds amid expectations for vaccines and fiscal spending to power the economy through the pandemic.<\/p>\n<p> Bond markets were closed on Monday in observance of the Presidents Day holiday.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"What_are_Treasurys_doing\"><\/span>What are Treasurys doing?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>The 10-year Treasury yield<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">1.293%<\/bg-quote><br \/>\n       climbed 8.9 basis points to 1.289%, around its highest level since February, while the 2-year note rate<br \/>\n        TMUBMUSD02Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.121%<\/bg-quote><br \/>\n       was up a basis point to 0.121%. The 30-year bond yield<br \/>\n        TMUBMUSD30Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">2.085%<\/bg-quote><br \/>\n       surged 7.7 basis points to 2.081%. Bond prices move in the opposite direction of yields. <\/p>\n<div class=\"paywall\">\n       The spread between the 2-year and the 10-year, a gauge of the yield curve\u2019s slope, was at 1.17 percentage points, its widest in four years.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Whats_driving_Treasurys\"><\/span>What\u2019s driving Treasurys?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Treasurys were under pressure as investors continued to sell bonds in expectation of higher inflation and economic growth later this year when the economy makes a fuller recovery. <\/p>\n<p>Higher energy prices, rising stock markets, another fiscal relief package, and record-high Treasury auctions all represent the myriad factors pushing rates higher.<\/p>\n<p>But investors cautioned the market selloff lacked a clear driver, leaving it unclear how long the surge in longer-term bond yields, and steepening of the yield curve, could last. <\/p>\n<p>Moreover, recent employment data show there remains plenty of slack in the labor market due to the pandemic, preventing the Federal Reserve from moving away from its accommodative monetary policy stance. Signs that the central bank may start tapering its stimulus was one necessary ingredient for further weakness in Treasurys, analysts said.<\/p>\n<p>Kansas City Fed President Esther George said she was unconcerned by the rise in long-term Treasury yields. <\/p>\n<p>In U.S. economic data, the New York Fed\u2019s Empire State business conditions index rose 8.6 points to 12.1 in February.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"What_did_market_participants_say\"><\/span>What did market participants say?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>\u201cIt\u2019s all about the pending stimulus and better than expected <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> on the vaccinations,\u201d said Tom di Galoma, managing director of Treasurys trading at Seaport Global Securities, in e-mailed comments.<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Sunny Oh\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Sunny_Oh\"><\/span>Sunny Oh<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D28C57EB0204%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# 10-year Treasury yield marks biggest daily jump in over three months &#8221; U.S. Treasury yields surged Tuesday, starting the week on a bearish footing as traders fled from longer-dated government bonds amid expectations for vaccines and fiscal spending to power the economy through the pandemic. Bond markets were closed on Monday in observance of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":85984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-179770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/179770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=179770"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/179770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/85984"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=179770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=179770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=179770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}