{"id":75619,"date":"2020-09-26T00:43:00","date_gmt":"2020-09-25T21:43:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/long-dated-government-bond-yields-post-weekly-slide-as-stocks-run-into-turbulence\/"},"modified":"2020-09-26T00:43:00","modified_gmt":"2020-09-25T21:43:00","slug":"long-dated-government-bond-yields-post-weekly-slide-as-stocks-run-into-turbulence","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/long-dated-government-bond-yields-post-weekly-slide-as-stocks-run-into-turbulence\/","title":{"rendered":"#\n  Long-dated government bond yields post weekly slide as stocks run into turbulence"},"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-6a373209505b1\" 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-6a373209505b1\" 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\/long-dated-government-bond-yields-post-weekly-slide-as-stocks-run-into-turbulence\/#William_Watts\" >William Watts<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Long-dated government bond yields post weekly slide as stocks run into turbulence<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-0000020204\">\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>       Treasury yields on Friday barely budged but longer-dated government debt posted weekly declines, and prices rose, as stocks faced headwinds centered on a lack of fresh coronavirus stimulus from Washington lawmakers, and jitters about the Nov. 3 presidential elections in the U.S.<\/p>\n<p> <strong>What are Treasurys doing?<\/strong><\/p>\n<div class=\"paywall\">\n       The yield on the 10-year Treasury note<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.657%<\/bg-quote><br \/>\n       fell 0.5 basis point to 0.659%, while the 2-year Treasury note yield<br \/>\n        TMUBMUSD02Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.136%<\/bg-quote><br \/>\n       slipped 0.4 basis point to reach 0.131%. The 30-year Treasury bond yield<br \/>\n        TMUBMUSD30Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">1.403%<\/bg-quote><br \/>\n       also was little changed, edging 0.4 basis point higher to 1.405%. <\/p>\n<p>Yields move in the opposite direction of bond prices.<\/p>\n<p><strong>What\u2019s driving the market?<\/strong><\/p>\n<p>Rates for long-dated government bonds have been down three of the past four weeks, reflecting some persistent buying in assets considered havens over a period in which spiking cases of COVID-19 helped to spark a mini-flight to safety for government debt. <\/p>\n<p>Still, the moves failed to knock 10-year and 30-year Treasurys out of their longstanding ranges since August. <\/p>\n<p>A report on long-lasting goods saw yields edge somewhat lower on the day. Durable-goods orders rose 0.4% in August, compared with an average forecast for a 1.9% rise, according to a MarketWatch survey of economists. Core capital-goods orders, however, were stronger than expected, rising 1.8% versus expectations for a 1% increase.<\/p>\n<p> A modest pickup in demand for Treasurys also came as the U.S. dollar saw one of its steepest weekly gains versus a half-dozen rival currencies since April, as measured by the ICE U.S. Dollar Index DXY.  <\/p>\n<p>Concerns about spiking COVID-19 cases in the U.S. and Europe have continued to rise, with a lack of another round of stimulus out of Washington adding to worries about the economic outlook. Fears of a contested U.S. presidential election between President Donald Trump and challenger former Vice President Joe Biden have also contributed to investor jitters, helping underpin demand for assets perceived as havens. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>House Democrats on Thursday were said to be preparing a $2.4 trillion aid package that includes a number of items seen having bipartisan support, including direct payments to households, the Paycheck Protection Program, a revival of a federal add-on to state unemployment benefits, as well as a renewal of aid to airlines and money to help restaurants stay open. But analysts said a path to an agreement on a spending program remained uncertain.<\/p>\n<p><strong>What are analysts saying?<\/strong><\/p>\n<p> \u201cAhead of the data, Treasuries were modestly bid and the curve incrementally flatter \u2014 the decided <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> of late,\u201d said Ian Lyngen, head of U.S. rates strategy at BMO Capital Markets.<\/p>\n<p>\u201cFrom here, focus will be on the movements in risk assets as the weekend quickly approaches. The mixed data has left the market agnostic. We\u2019re open to headline risk this afternoon \u2014 either political, stimulus, of pandemic related \u2014 another theme of sorts ,\u201d he said, in a note.<\/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\":\"William Watts\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"William_Watts\"><\/span>William Watts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\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 noreferrer\">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 noreferrer\">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=%7B21004575-02D4-D4B5-4572-D4EEC5D3941A%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Long-dated government bond yields post weekly slide as stocks run into turbulence &#8221; Treasury yields on Friday barely budged but longer-dated government debt posted weekly declines, and prices rose, as stocks faced headwinds centered on a lack of fresh coronavirus stimulus from Washington lawmakers, and jitters about the Nov. 3 presidential elections in the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71349,"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-75619","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\/75619","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=75619"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/75619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/71349"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=75619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=75619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=75619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}