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Treasury bonds: The American market is still very agitated

29/03/2021
Source : ORISHAS FINANCE
Categories: Index/Markets

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A new mediocre auction of 7-year Treasury bills revived concerns last Thursday. While the rate hike seems to be calming down in the United States, nervousness has not left the markets

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The US Treasury has placed seven-year debt on the market, an issue that is particularly closely watched. The last auction of this type, four weeks earlier, was more than mixed. Thus, the rate on 10-year US government bonds jumped beyond 1.60% for the first time since the start of the Covid crisis.
The bond issuance yield was finally fixed at 2.5 basis points above their rate on the secondary market, reaching 1.30%.
When the market reopened on Friday, the 10-year US rate rose again, approaching 1.68%

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