Treasury yields rise amid omicron, Fed taper concerns

US Treasury yields rose Wednesday morning, amid investor concerns about the omicron variable and the Fed’s plans likely to scale faster than expected. The yield on the benchmark 10-year Treasury rose 6 basis points to 1.5005% at 4:15 AM ET. The yield on the 30-year Treasury added 5 basis points to 1.8362%. Returns move inversely … Read more

Treasury yields fall following Powell renomination

US Treasury yields fell on Tuesday morning, as investors continued to digest the news that Jerome Powell had been re-nominated as Federal Reserve Chair. The yield on the benchmark 10-year Treasury fell less than a basis point to 1.6236%. The yield on the 30-year Treasury fell less than a basis point at 1.9699%. Returns move … Read more