{"id":225522,"date":"2021-04-13T00:59:00","date_gmt":"2021-04-12T21:59:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/"},"modified":"2021-04-13T00:59:00","modified_gmt":"2021-04-12T21:59:00","slug":"u-s-government-bond-yields-tick-higher-monday-after-auctions","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/","title":{"rendered":"#\n  U.S. government bond yields tick higher Monday after auctions"},"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-6a349302277e0\" 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-6a349302277e0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/#How_did_Treasurys_perform\" >How did Treasurys perform?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/#What_drove_the_fixed-income_market\" >What drove the fixed-income market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/#What_did_market_participants_say\" >What did market participants say?<\/a><\/li><\/ul><\/li><\/ul><\/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\/u-s-government-bond-yields-tick-higher-monday-after-auctions\/#Mark_DeCambre\" >Mark DeCambre<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  U.S. government bond yields tick higher Monday after auctions<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 class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000228184\">\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 climbed Monday as investors digest a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of auctions, including a three-year and 10-year Treasury note sale, part of nearly $270 billion in debt set to be sold this week in what\u2019s slated to be the most recent test of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>etite for Treasurys. <\/p>\n<p> The offerings come ahead of an important report on inflation, the consumer-price index, due Tuesday morning.  <\/p>\n<div class=\"paywall\">\n<h6><span class=\"ez-toc-section\" id=\"How_did_Treasurys_perform\"><\/span>How did Treasurys perform? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<ul class=\"articleList\">\n<li>\n      The 10-year Treasury note<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">1.699%<\/bg-quote><br \/>\n       was up 1 basis point to finish at 1.674%, based on a 3 p.m. Eastern close. <\/p>\n<\/li>\n<li>\n      The 30-year Treasury bond<br \/>\n        TMUBMUSD30Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">2.364%<\/bg-quote><br \/>\n       was yielded 2.345%, picking up 0.2 basis point.<\/p>\n<\/li>\n<li>\n      The 2-year Treasury note<br \/>\n        TMUBMUSD02Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.172%<\/bg-quote><br \/>\n       was at 0.171%, rising 1.4 basis points. <\/p>\n<\/li>\n<\/ul>\n<p>Bond prices move in the opposite direction to yields. <\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_drove_the_fixed-income_market\"><\/span>What drove the fixed-income market? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Fixed-income investors keyed in on a series of auctions that are expected to serve as a fresh gauge of the ability of bond buyers to take down new supply amid persistent worries about inflation pressures.<\/p>\n<p>Auctions of three-year<br \/>\n        TMUBMUSD03Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.385%<\/bg-quote><br \/>\n       and 10-year debt were described by market participants as mostly uneventful, if not slightly soft, while nudging yields slightly up on the short end of the curve.<\/p>\n<p>The next three weeks will see the start of some $370 billion in U.S. Treasury auctions.<\/p>\n<p>Investors also were focused on comments from Federal Reserve officials.<\/p>\n<p>St. Louis Fed President James Bullard in an interview on Bloomberg Television. described inflation as the No. 1 worry in the economy, but said the picture about price pressure will be cloudy for most of this year. <\/p>\n<p>\u201cWe\u2019re in a period of a lot of uncertainty around inflation. The dust has to settle a little bit before we\u2019ll find out where inflation really is and that probably happens later this year,\u201d Bullard said, in the Monday interview. <\/p>\n<p>Meanwhile, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/feds-rosengren-fed-policy-appropriate-for-current-state-of-economy-11618246800\" class=\"icon none\">Boston Fed President Eric Rosengren<\/a> said that the economy may take longer to return the normal than some hope. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>\u201cI expect a return of the economy to pre-pandemic levels will likely take longer than many private forecasters expect,\u201d he said, adding that he viewed the Fed\u2019s current stance on policy appropriate. <\/p>\n<p>\u201cWith labor-market slack still significant, and inflation still below the Federal Reserve\u2019s 2% target, my perspective is that the current highly accommodative stance of monetary policy is appropriate,\u201d Rosengren said. <\/p>\n<p>The central banker comments followed those from Fed boss Jerome Powell, during an interview on \u201c60 Minutes\u201d that aired on Sunday, where he emphasized that the Fed wouldn\u2019t consider raising rates until the \u201clabor market recovery is essentially complete\u201d and the country is back to maximum employment and inflation around 2% for a sustained period. <\/p>\n<p>\u201cIt\u2019ll be a while until we get that in place,\u201d he said. <\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_did_market_participants_say\"><\/span>What did market participants say? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>\u201cThat said, as widely anticipated, the auctions came and went with remarkably little impact on the US rates market with perhaps the exception of an incremental rise in yields in a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> nod to supply,\u201d wrote BMO Capital Markets fixed-income strategists Ian Lyngen and Ben Jeffery in a Monday note.<\/p>\n<p>\u201cThe absence of any meaningful data and the proximity to Tuesday\u2019s inflation release offered all the excuse investors needed to leave the trading day to grind sideways with conspicuously low conviction. It was also notable that the results of the 10-year didn\u2019t trigger a response in either direction,\u201d the BMO analysts wrote. <\/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\":\"Mark DeCambre\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Mark_DeCambre\"><\/span>Mark DeCambre<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 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> 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-D37B58754D50%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# U.S. government bond yields tick higher Monday after auctions &#8221; U.S. Treasury yields climbed Monday as investors digest a series of auctions, including a three-year and 10-year Treasury note sale, part of nearly $270 billion in debt set to be sold this week in what\u2019s slated to be the most recent test of appetite&#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-225522","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\/225522","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=225522"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/225522\/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=225522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=225522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=225522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}