Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Treasury Prices Give Up Earlier Gains

MARKETSCOPE : Treasury bond prices fell on Tuesday, erasing early gains as investors watched U.S. interest rates and the global economy.

The benchmark 10-year note eased 02/32 to 97-04/32 for a yield of 4.78%, while the 30-year bond dropped 09/32 to 93-18/32 for a yield of 4.91%.

The front end of the yield curve - T-bills and two-year notes - rose slightly, showing the recent steepening of the curve persisting. This has alleviated concerns over the possibility of economic recession, and also mitigated stock market jitters over the elevated level of yields at the long end.

Federal Reserve officials are making presentations Tuesday. Kansas City President Hoenig, for example, speaks tonight on the economic outlook.

Pundits continue debating about what will happen to the Federal Funds rate, which currently stands at 4.75% after a series of hikes in recent years. The 30 year bonds were already trading close to 5% yield, and fell 04/32 early Tuesday to 93-22/32 for yield of 4.903%.

blog comments powered by Disqus