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US Treasury bond yields eased Monday morning, with buyers’ consideration centered on the Federal Reserve’s two-day financial coverage assembly this week.
The benchmark ten-year authorities bond yield fell 5 foundation factors to 1.233% at 3:30 a.m. ET. The yield on the 30-year authorities bond fell 5 foundation factors to 1.872%. The returns transfer inversely to the costs.
The 2-day assembly of the Federal Reserve’s Open Market Committee is because of start Tuesday, with a coverage assertion on Wednesday afternoon.
On Monday, the US Division of Housing and City Improvement will launch new knowledge on residence gross sales at 10 a.m. ET. The Federal Reserve Financial institution of Dallas will then launch its month-to-month enterprise exercise index for Texas manufacturing at 10:30 am ET.
Auctions are scheduled to be held Monday for $ 54 billion 13-week notes, $ 51 billion 26-week notes, and $ 60 billion 2-year notes.
– CNBC’s Tanaya Macheel contributed to this market report.
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