Reduced Brexit fears drive Oughout S: Unterschied zwischen den Versionen

Version vom 23. Juni 2016, 05:15 Uhr

Simply by Richard Leong
NEW YORK, June 20 (Reuters) : U. S. Treasury yields rose on Monday along with longer-dated yields hitting their particular highest level in a lot more than week, as traders trimmed safe-haven holdings associated with government debt due in order to polls showing increased assistance for Britain in which to stay the European Union.
The shift in polls to favoring "Bremain" over "Brexit" arrives after last week's killing of parliament member Jo Cox, who was simply a supporter for the U. K.
Vidio nyepong to remain part of the economic bloc.



U. S. policymakers including Federal government Reserve Chair Janet Yellen have declared that the danger of Brexit, and its potential impact on the particular global economy, was a factor in the Fed's choice to leave interest prices unchanged last week.
"The shift in the polls was the primary news. Bonds were sold throughout the board, but yields are still from relatively low levels, inch said Andrew Richman, fixed income strategist at SunTrust Private Wealth Management in West Palm Beach, Fl.
Britons will cast their particular vote on whether their particular country should remain in the particular EU on Thursday.

Benchmark 10-year Treasury yields increased over 5 basis points from late Friday in order to 1. 671 percent right after reaching 1. 680 % earlier on Monday.
The yield on 30-year provides was last 2. 473 percent, up 4 schedule points on the time.
Last week, the 10-year yield slid to the lowest level since Aug 2012 on Brexit concerns, the Bank of Japan's decision to refrain from embarking on more incitement for the moment, plus Fed officials' lowering their particular outlook on the speed of rate increases.
Top Fed officials scaled back again their view on rate hikes following a poor May jobs report and persistent weakness in the manufacturing field.

Meanwhile, investors awaited Yellen's two-day testimony before Congress, which starts on Wednesday, where she might offer clues on the timing associated with the central bank's following rate increase.
Interest rates futures implied traders saw a 46 percent chance that the Fed would increase rates by the end of 2016, down from 66 percent a 30 days earlier, according to CME Group's FedWatch program.
As the Brexit referendum and Yellen's testimony are the week's main market events, traders will even contend with Treasury supply.

The Treasury Department sold $26 billion of two-year notes to reasonable demand as direct bidders purchased the fewest two-year issue since January 2015.
Treasury will sell $34 billion in five-year records on Tuesday and $28 billion in seven-year notes on Wednesday. It may auction $13 billion within two-year floating-rate notes plus $5 billion of 30-year Treasury inflation-protected securities upon Wednesday. (Editing by Jeffrey Benkoe and Leslie Adler)