|This email was sent to you by:|
Mortgage News Daily
Email alerts, such as this one, are a free service
provided by Mortgage News Daily. If you would like to receive an alert when important news breaks
please register to join our community
Treasurys fall, awaiting fresh economic signals
NEW YORK (MarketWatch) -- Treasury prices fell Monday, sending yields higher as investors look for signs of whether the economy is accelerating. Improvement in economic numbers will help inform investor views of when the Federal Reserve will raise its key lending rate, dragging yields higher along with it. The 10-year Treasury note yield climbed 2 basis points to 2.643%, while the 30-year bond yield rose 1.5 basis points to 3.480%, and the 5-year note yield rose 2.5 basis points to 1.650%. This week brings economic releases on retail sales on Tuesday, and the consumer price index on Thursday.
More from MND:
If you would like to opt-out of receiving email forwards from this person please click here to remove your email address.