Treasury yields reverse some of previous week’s sharp retreat

Jamie Chisholm is a markets reporter based in London.

Bond yields rose early Monday, as some traders took profits after prices surged last week on hopes the Federal Reserve was done raising interest rates.

“The move appears to confirm our view that bonds were oversold and yields were close to the upper end of their new range,” said the rates analyst team at Goldman Sachs, led by Praveen Korapaty. Next, following last month’s strong economic momentum, data have finally begun to show signs of cooling—both ISM reports and the labor market report surprised to the downside, said Goldman.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Futures indicate stocks will look on Monday to extend their latest rally, though additional gains will be meagerJamie Chisholm is a markets reporter based in London.
Read more »

What Would a Normally-Sloped Treasury Yield Curve Look Like?Bonds Analysis by Brian Gilmartin covering: United States 2-Year, United States 10-Year, United States 30-Year, U.S. 20-Year. Read Brian Gilmartin's latest article on Investing.com
Read more »

Stock Investors See Green Light in Falling Treasury YieldsHopes that a rout in Treasuries has run its course are tempting some investors back into the U.S. stock market after a months-long selloff. The relationship between stocks and bonds has been a tight one in recent months, with equities falling as Treasury yields climbed to...
Read more »

Rep. Jamie Raskin responds to Santos' thank-you note: 'Only wish someone had proofread it first'Rep. Jamie Raskin edited and returned a thank-you letter sent by Rep. George Santos Friday after he voted not to expel the New York Republican.
Read more »

Treasury dealer still forecasts another Fed rate hike, but not until JanuarySteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: MKTWgoldstein.
Read more »

U.S. Treasury's Yellen to meet Chinese vice premier ahead of APEC summitU.S. Treasury's Yellen to meet Chinese vice premier ahead of APEC summit
Read more »