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Last week's initial jobless claims came in at 219,000, below consensus estimates of 225,000. This month's deepening bond sell-off also comes as a reaction to hawkish signals from the Federal Reserve.
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SINGAPORE (Reuters) -Bond markets cheered the selection of fund manager Scott Bessent as U.S. Treasury secretary on Monday on expectations he could keep a leash on U.S. debt, while falling yields ...
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That also caused a selloff in government bonds and the benchmark 10-year Treasury yield reached 4.53% on Thursday, up around 3 basis points, after an 11 bps jump in the aftermath of the Fed. [US/]
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The 13-week bill issued three months after a 26-week bill is considered a re-opening of the 26-week bill and is given the same CUSIP number. The 4-week bill issued two months after that and maturing on the same day is also considered a re-opening of the 26-week bill and shares the same CUSIP number.
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