The bond yields of the US government are lower than the end of the end of May, the last thrusts from a lower retail report.
The 10 -year -old treasury yield fell from 3.7 base points to 4.427% on Tuesday, data showed that consumers spent less money last month than expected. Lower economic data generally push investors in safer assets such as treasury bills and reduce yields. Yields move in the opposite direction of bond prices.
The decline follows a recent trend. For the context, the yield at 10 years evolved up to 4.35% recently after reaching a peak of 4.58% on May 21. The lower yield could partly be assigned to the base of the solid buyer that the Treasury has seen at its auctions; This has actually taken a break on the chatter that the investors move away from the American debt.
