Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

10-Year Treasury Yield Surges


S&P MARKETSCOPE: The 10-year note was sinking 27/32 to 97-01/32, yielding 4.38%, the highest level since Dec. 3, 2004. February Chicago PMI employment index rose to 57.7 from 52.8 in January, prompting upward revisions to forecasts for this Friday's January labor report. January personal consumption expenditure excluding food and energy climbed 1.6% year-over-year. Yields were also climbing on speculation the Fed's monetary policy decisions will grow less obvious as rates approach neutrality. The market is awaiting Fed Chairman Greenspan's testimony to House Budget Committee on economic outlook Wednesday.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus