Skip to content

John Zich | Bloomberg | Getty Images

U.S. Treasury yields were little changed on Tuesday as investors continued to assess the outlook for the U.S. economy and digest the latest corporate earnings.

As of 2:20 a.m. in Ethiopia, the yield on the benchmark 10-year Treasury note was higher by a fraction of 3.5946 percent, while the 30-year Treasury note rose marginally to 3.8080 percent. Products, on the contrary, move to prices.

Treasuries

Ticker Company collection Change % change
US1M US 1 month Treasury 4.189% +0.186 0.00%
US3M US 3 month Treasury 5.216% +0.026 0.00%
US6M US 6 month Treasury 5.087% +0.022 0.00%
US1Y US 1 year Treasury 4.956% +0.111 0.00%
US2Y US 2 year Treasury 4.19% +0.002 0.00%
US10Y US 10-year Treasury 3.604% +0.013 0.00%
US30Y US 30 year Treasury 3.813% +0.009 0.00%

Corporate earnings season dominates the agenda this week, with giants Johnson & Johnson, Bank of America and Goldman Sachs set to report before the opening bell on Wall Street on Tuesday.

On the data front, traders will look at housing starts and building permits figures for March at 8:30 a.m. ET. According to Dow Jones consensus estimates, housing starts fell 3.4% to 1.40 million units in the month, but building permits were expected to fall 4.9% to 1.45 million units.

Markets will closely follow economic data to read where the Federal Reserve will take interest rates at its next meeting in early May. More than 84% of traders are calling for a 25 basis point hike in the next policy meeting, according to CME Group’s FedWatch tool.

An auction of $34 billion of 52-week Treasury bills will be held on Tuesday.

[ad_2]

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *