Treasurys Yield and Price Movements
Yields and prices move in opposite directions. One basis point equals 0.01%.
Treasurys – Latest Yield and Price Data
| TICKER | COMPANY | YIELD | CHANGE |
|---|---|---|---|
| US1M | U.S. 1 Month Treasury | 5.364% | -0.004 |
| US3M | U.S. 3 Month Treasury | 5.389% | -0.001 |
| US6M | U.S. 6 Month Treasury | 5.316% | +0.008 |
| US1Y | U.S. 1 Year Treasury | 4.987% | +0.016 |
| US2Y | U.S. 2 Year Treasury | 4.548% | +0.014 |
| US10Y | U.S. 10 Year Treasury | 4.087% | -0.017 |
| US30Y | U.S. 30 Year Treasury | 4.246% | -0.03 |
Investors Await Key Inflation Data
Investors looked ahead to key inflation data due this week. This includes the consumer price index for February due Tuesday, as well as the producer price index for the month later in the week.
The CPI is expected to reflect a 0.4% increase on a monthly basis in February and a 3.1% rise from a year earlier, which would be unchanged from January’s reading, according to a Dow Jones survey of economists.
January’s CPI had come in hotter than expected, sparking concerns about interest rates being further off than anticipated or there being fewer rate cuts than investors are hoping for this year. The data also prompted Federal Reserve officials to strike a more cautious tone about easing monetary policy.
February’s readings could therefore provide fresh clues about the path ahead for interest rates. They are also some of the last key data points before the Fed’s March meeting, at which investors are widely expecting rates to be left unchanged. Markets were last pricing in the first rate cut to take place in June.
Fed Chairman’s View on Rate Cuts
Last week, Fed Chairman Jerome Powell said rate cuts were likely not far off, but reiterated that the central bank was still looking for more evidence from economic data that inflation is returning to the 2% target.
