Arabic version: تراجع عوائد سندات الخزانة مع ترقب المتعاملين لتصريحات الاحتياطي الفيدرالي
According to Cnbc, U.S. Treasury yields eased on Tuesday as investors awaited fresh clues about the state of the U.S. economy. The benchmark 10-year Treasury note yield was more than 1 basis point lower at 4.951%, while the 2-year yield was down more than 1 basis point at 4.741%.
The 30-year Treasury yield slipped less than 1 basis point to 5.288%. One basis point equals 0.01%, and bond yields move in the opposite direction of prices.
Federal Reserve Vice Chair Philip N. Jefferson is scheduled to deliver remarks at the Federal Reserve Bank of New York’s Treasury Market Conference on Tuesday. On Wednesday, Michael S. Barr, a member of the central bank’s Board of Governors, is set to speak at a housing affordability summit in Chicago.
The appearances follow comments from Chicago Fed President Austan Goolsbee in London. He said he was “especially attuned to elevated inflation in service-sector industries, and to any evidence that AI data center construction is spilling out of its own lane and raising aggregate output beyond what the economy can absorb.” Goolsbee said that if demand overheats, “there is no ambiguity about how the Fed needs to respond.”
Oil also remained in focus. Brent crude futures for November delivery were down 1% at $98.50 a barrel, while U.S. West Texas Intermediate futures fell 2% to $93.50 per barrel. Prices moved lower following reports that Iran offered to reopen the Strait of Hormuz within seven days and that Saudi Arabia was aiming to restart its East-West pipeline as soon as this week. President Donald Trump was set to meet world leaders at the UN General Assembly on Tuesday as the Middle East conflict continued.
