U.S. Treasury yields held steady on Friday as investors digested the previous day’s economic data which signaled economic resilience. At 4:47 a.m. ET, the 10-year Treasury yield was up less than one basis point at 4.1045%. The yield on the 2-year Treasury yield ticked lower by one basis point to 3.9758%. One basis point is…
By Kevin Yao and Joe Cash BEIJING (Reuters) -China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth. Without providing the size of the fiscal stimulus being prepared, the…
SINGAPORE (Reuters) -China said on Saturday it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital as it pushes to revive sputtering economic growth. Finance Minister Lan Foan told a news conference there will be more “counter-cyclical measures” this year, but…
U.S. Treasury yields were slightly lower early Tuesday, reversing course after the 10-year hit it highest level in more than two months during the previous session. The 10-year Treasury yield was nudged down less than 1 basis point to 4.02%, while the yield on the 2-year Treasury moved 3.5 basis points lower to 3.969%. Yields…