Treasury yields climb as Powell talks tough on inflation, ECB delivers rate hike
U.S. bond yields moved modestly higher on Thursday, retracing some of Wednesday's drop following an interest-rate hike from the ECB.
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U.S. bond yields moved modestly higher on Thursday, retracing some of Wednesday's drop following an interest-rate hike from the ECB.
Treasury bonds rebound on Wednesday a day after a sharp selloff drove yields back toward their highs from June.
Ticker | Name | Yield | Chg | |
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TMUBMUSD10Y | U.S. 10 Year Treasury Note |
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TMBMKDE-10Y | Germany 10 Year Government Bond |
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TMBMKIT-10Y | Italy 10 Year Government Bond |
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TMBMKES-10Y | Spain 10 Year Government Bond |
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TMBMKGB-10Y | U.K. 10 Year Gilt |
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TMBMKJP-10Y | Japan 10 Year Government Bond |
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There's an indirect way that investors in student loan bonds can benefit from Biden's plan to cancel up to $20,000 per eligible borrower.
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Gold tumbles to its lowest settlement in about 6 weeks on Thursday, and silver ends at its lowest since 2020, as investors bet that interest rates will remain higher for longer.
U.S. stocks extended a losing streak to four sessions on Wednesday as three major benchmarks recorded around 4% of losses for the month of August.
Most U.S. bond yields advance on Wednesday as traders bet on continued rate hikes by the Federal Reserve to battle inflation.
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