{"id":229161,"date":"2021-04-16T23:08:00","date_gmt":"2021-04-16T20:08:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/"},"modified":"2021-04-16T23:08:00","modified_gmt":"2021-04-16T20:08:00","slug":"10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/","title":{"rendered":"#\n  10-year Treasury yield posts largest weekly decline in about 10 months"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 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-6a26220ff1249\" 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-6a26220ff1249\" 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\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/#How_are_Treasurys_performing\" >How are Treasurys performing?<\/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\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/#Whats_driving_the_fixed-income_market\" >What\u2019s driving 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\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/#What_are_strategists_saying\" >What are strategists saying?<\/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\/10-year-treasury-yield-posts-largest-weekly-decline-in-about-10-months\/#Mark_DeCambre\" >Mark DeCambre<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  10-year Treasury yield posts largest weekly decline in about 10 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 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-0000235024\">\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>       The 10-year Treasury note faced some selling pressure on Friday but that didn\u2019t stop long-dated U.S. government debt from logging its sharpest yield declines in months. <\/p>\n<p> Fixed-income experts attributed some of the retrenchment in yields to hedge fund short covering and concerns about tensions between Russia and the U.S., but a number of strategists are predicting yields will resume their inflation-fueled march higher. <\/p>\n<div class=\"paywall\">\n<h6><span class=\"ez-toc-section\" id=\"How_are_Treasurys_performing\"><\/span>How are Treasurys performing? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<ul class=\"articleList\">\n<li>\n      The 10-year Treasury note<br \/>\n        BX:TMUBMUSD10Y<span><\/span><br \/>\n       was yielding 1.571%, up 4 basis points, based on a 3 p.m. Eastern Time close. Rates rose 9.3 basis points on the week to record its sharpest weekly drop since the week ended June 12, 2020, according to Dow Jones Market Data. <\/p>\n<\/li>\n<li>\n      The 30-year Treasury note<br \/>\n        BX:TMUBMUSD30Y<span><\/span><br \/>\n       was at 2.260%, rising 5 basis points on the day. It was the long bonds biggest one-day yield rise in about three weeks but its largest weekly decline since March 26. <\/p>\n<\/li>\n<li>\n      The 2-year Treasury note was at 0.163%, picking up 0.8 basis point. The note was little-changed on the week, edging up 0.6 basis point.  <\/p>\n<\/li>\n<\/ul>\n<h6><span class=\"ez-toc-section\" id=\"Whats_driving_the_fixed-income_market\"><\/span>What\u2019s driving the fixed-income market? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p> U.S. Treasury yields rose for long-dated bonds on Friday after yields for the benchmark 10-year hit the lowest level in about a month a day ago, a move blamed partly on President Biden\u2019s announcement of retaliatory measures on Thursday against Russia over election interference, the\u00a0SolarWinds\u00a0cyberattack. <\/p>\n<p>Buying of bonds pushed yields lower but traders said that investor unwinding of positions, with a number of bets focused on yields rising, helped to exacerbate the slide in bond yields, experts said. <\/p>\n<p>Recent downward moves for yields came even as U.S. economic data has mostly been stronger, pointing to an eventual upsurge in inflation, something which is anathema to bonds because they undercut the instruments fixed value.<\/p>\n<p>In U.S. economic data Friday, U.S. housing starts rose 19.4% monthly in March following February\u2019s sharp decline of 11.3%, the US Census Bureau and the US Department of Housing and Urban Development reported Friday. Meanwhile, building permits increased 2.7% in March, after falling 8.8% in February. \u00a0<\/p>\n<p>The consumer-sentiment index rose to 86.5 in April from 84.9 in the prior month, according to a preliminary survey by the University of Michigan. The data points to COVID aid checks, rising coronavirus vaccinations and a rapidly growing economy, which helped to push consumer attitudes to a 13-month high.<\/p>\n<p>Moves in bond markets came also as the S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.36%<\/bg-quote><br \/>\n      and the Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+0.48%<\/bg-quote><br \/>\n       finished the week at record closing highs. <\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_are_strategists_saying\"><\/span>What are strategists saying? <span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>\u201cThe question for the financial markets, then, is do investors need to start separating the massive first quarter <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\">theme<\/a> into its components? That is what would normally happen as a secondary leg for a major theme, but momentum is still so unwavering in stocks that analysts can wait to answer those questions,\u201d wrote Jim Vogel, strategist at FHN Financial, in a daily note.  <\/p>\n<p>\u201cThe bond market is more cued to the Fed, though, and officials there want to see<br \/>how each component works in real life through the summer. March was fantastic,<br \/>but it left behind questions that April and May should be able to answer,\u201d Vogel wrote. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>\u201cOverall, a strong read on the housing sector but at this stage in the recovery the gains were old <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> long before released. Moreover, another strong data point is apparently all that was needed for Treasuries to rally further,\u201d wrote Ian Lyngen\u00a0and Ben Jeffery, fixed-income analysts at BMO Capital Markets, in a Friday note.<\/p>\n<p>\u201cTreasuries were trading with a modest flattening skew ahead of this morning\u2019s first round of data. Since the print we\u2019ve simply seen the price action extended on the margin,\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 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-D396104A7175%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 posts largest weekly decline in about 10 months &#8221; The 10-year Treasury note faced some selling pressure on Friday but that didn\u2019t stop long-dated U.S. government debt from logging its sharpest yield declines in months. Fixed-income experts attributed some of the retrenchment in yields to hedge fund short covering and concerns&#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-229161","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\/229161","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=229161"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/229161\/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=229161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=229161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=229161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}