10-Year Treasury Yield Hits Highest Level Since 2007, Oil Surges Above $105 as Fed Expected to Hike Interest Rates
11 Articles
11 Articles
With the advance in oil prices, approaching the US$110 per barrel range, and interest on the US Treasury (Treasury) ten-year title at the highest level since 2007, the US exchanges closed this Tuesday (15) in steady fall. The Dow Jones index closed down by 0.63%, at 52.092.57 points, the S&P 500 lost 0.45%, at 7.585.76 points, and the Nasdaq fell 0.78%, at 25.981.57 points. The technology sector devalued 0.34%, supported by chip and semiconducto…
Interest on public debt has been on fire, especially in the longer maturities. The income from sovereign securities around the world is a cause for concern, particularly in the United States, where the 10-year Treasury title has reached the highest level since 2007.
10-year Treasury yield hits highest level since 2007, oil surges above $105 as Fed expected to hike interest rates
The US 10-year Treasury yield hit its highest level since 2007 on Tuesday, as oil prices jumped above $105 a barrel and stocks slumped on higher odds of an interest-rate hike this week.
The ten-year US Treasury reaches levels not seen before the financial crisis, while Brent closes at $108.75 and the Federal Reserve faces a crucial decision. Energy, technology and consumption are beginning to reflect a market that again demands a much higher premium for risk.
The yield on the US 10-year Treasury note hit a 19-year high (since 2007) at 5.041%.
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