Global Economic Growth Concerns Impact US Treasury Bond Yields - Forex News by FX Leaders
The Game Has Changed

Global Economic Growth Concerns Impact US Treasury Bond Yields

Posted Friday, April 12, 2019 by
Arslan Butt • 1 min read
Global economic growth concerns have caused a drop in US Treasury bond yields. While the 10-year Treasury note yield dropped to 2.49%, the yield on the 30-year Treasury bond fell to around 2.92% on Friday. This is because investor sentiment continues to remain cautious amid concerns of economic slowdown globally.
In the absence of top-tier economic data releases, traders are monitoring stock markets closely as the US earnings season set to start today. According to UBS, the US economy appears to be decelerating but it has not yet moved towards a recession.

On Wednesday, the FOMC minutes for its March meeting revealed that Federal Reserve has no plans for a rate hike this year. However, some members have indicated a possibility of a rate hike if economic conditions continue to improve in the coming months.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
Comments

Leave a Reply

avatar
  Subscribe  
Notify of