US Treasury Yields Lower as Markets Wait to Hear Fed Speeches Today - Forex News by FX Leaders

US Treasury Yields Lower as Markets Wait to Hear Fed Speeches Today

Posted Tuesday, July 2, 2019 by
Arslan Butt • 1 min read

On Tuesday, US government debt prices edged lower as markets await the release of important economic data and comments from Federal Reserve policymakers. Early on Tuesday morning, the yield on 10-year US Treasury notes fell to 2.017% while the yield on the 30-year Treasury note declined to 2.5449%.

Later today, New York Fed President John Williams and Cleveland Fed President Loretta Master are expected to make speeches about the US economy. At the end of this week, the US NFP figures are due for release which could impact the US dollar as well as bond yields.

On Tuesday, the US dollar is trading at 96.78, at the time of writing. The dollar is trading slightly lower after Monday’s release of somewhat weak manufacturing data.

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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.
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