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

Treasury Prices Close Little Changed


From Standard & Poor's Equity Research

MARKETSCOPE : Treasury bond prices finished little changed on Monday, as investors calmed down from their nervousness last week about the violence in the Middle East and wondered what happens next to interest rates.

The benchmark 10-year note finished flat at 100-21/32 for a yield of 5.04%. The 30-year bond edged down 01/32 to 90-28/32 for a yield of 5.10%.

Stocks were rallying as the bond market closed. Attention now turns to June existing home sales Tuesday, which are expected to contribute to recent signs of weakness in the housing sector.

All Treasury rates are below the Fed funds rate of 5.25%. There is much debate about whether the Fed will pause at its Aug. 8 meeting or hike rates to 5.50%. The Fed will also be watching for signs of inflation.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus