Fixed Income Update
Please choose any of the following articles below that interest you. Each article is listed under the month it was written. Articles written in prior months may still have educational interest.
U.S. Treasury bond yields rose in August, with the 10-year Treasury ending the month with a 3.15% yield. Treasury bond yields flattened as well, with the shorter-term 1-year treasury finishing the month at 3.50%, nearly identical to the 20-year treasury yield at 3.53%. Such a dynamic tends to attract bond buyers towards the shorter end of the curve. Economists view a flattening yield curve as indicative of a possible economic slowdown.
In addition to raising short-term rates, the Fed will continue to sell bonds from its balance sheet, indirectly placing pressure on rates to rise.
Sources: Bloomberg, Reuters, U.S. Department of the Treasury.
Print Version: Fixed Income Update Sept 2022
