Maturity | Yield | Yesterday | Last Week | Last Month |
---|---|---|---|---|
3 Month | 0.00 | 0.00 | 0.01 | 0.01 |
6 Month | 0.06 | 0.06 | 0.08 | 0.04 |
2 Year | 0.39 | 0.36 | 0.35 | 0.28 |
3 Year | 0.74 | 0.64 | 0.64 | 0.46 |
5 Year | 1.61 | 1.41 | 1.37 | 1.02 |
10 Year | 2.74 | 2.50 | 2.48 | 2.09 |
30 Year | 3.71 | 3.49 | 3.50 | 3.24 |
3:33 pm - What a difference a day makes. The yield on the 10-yr Treasury note rose 22 basis points this week and 21 of those points came today. One need look no further for the change agent than the June employment report, which was stronger than expected and ignited a tapering trade that posterized the intermediate to long-end of the Treasury yield curve.
The average change in yield from the 5-yr note to the 30-yr bond was 19 basis points. The 30-yr bond dropped more than three points in price while the benchmark 10-year note was off closeMore...