US 10 and 30-year Treasury yields increase ahead of data

Thursday, 25. April 2019 11:56

United States 10-year and 30-year bonds declined as their yields increased on Thursday ahead of initial jobless claims and durable goods data. Meanwhile, investors remained focused on the earnings season. On Wednesday, Boeing, Caterpillar, AT&T, Nasdaq, Biogen, Facebook, Microsoft, Visa, PayPal and Tesla all posted their results while Thursday will see figures released by UPS, Altria, Comcast, Amazon, Starbucks, Intel and Ford.

The US Treasury is looking to sell $50 billion worth of four-week bills, $35 billion in 2-month notes and $32 billion in seven-year notes at an auction later in the day.

The 10-year Treasury yield increased by 0.009 basis points to 2.531% at 5:47 am ET and the 30-year note yield was up by 0.08 basis points at 2.949% at 5:49 am ET. The two-year note's yield was down by 0.004 basis points at 2.316% at 5:51 am ET. The corresponding futures were 0.01% and 0.03% lower, respectively, for the 10-year and 30-year notes at 5:44 am ET. Meanwhile, 2-year Treasury note futures increased 0.01% at 5:44 am ET.

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