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Treasury yields rise as Omicron variants fear mitigation

Yields on US Treasuries rose on Tuesday morning. This is because concerns about Omicroncovid variants have been slightly alleviated.

Benchmark yield 10-year government bond Added 1 basis point, rising to 1.4444% at 4am EST.Yield 30-year government bond It increased by 2 basis points to 1.7784%. Yield is inversely proportional to price, and one basis point is equivalent to 0.01%.

Investors are looking to further development on the Omicron variant. Dr. Anthony Fauci, Chief Medical Advisor of the White House, said on Sunday “It will be encouraging“He warned, but more information is needed.

In addition, investors are also overseeing plans for the Federal Reserve to tighten monetary policy.

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Treasury yields rise as Omicron variants fear mitigation

Source link Treasury yields rise as Omicron variants fear mitigation

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