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U.S. MARKETS OVERVIEW: TREASURYS CHART
|US 3-MO||U.S. 3 Month Treasury||2.262||0.01||0.00|
|US 1-YR||U.S. 1 Year Treasury||2.013||0.021||0.00|
|US 2-YR||U.S. 2 Year Treasury||1.89||0.01||0.00|
|US 5-YR||U.S. 5 Year Treasury||1.862||0.018||0.00|
|US 10-YR||U.S. 10 Year Treasury||2.058||0.024||0.00|
|US 30-YR||U.S. 30 Year Treasury||2.544||0.024||0.00|
At around 9:35 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.06%, while the yield on the 2-year Treasury note rose to 1.892%.
Market participants are likely to closely monitor a flurry of speeches from policymakers at the U.S. central bank, with Fed Chair Jerome Powell, Vice Chair Randal Quarles and Atlanta Fed President Raphael Bostic all set to comment on the world’s largest economy.
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Investors have rushed to scale back Fed rate cut expectations following unexpectedly strong gains in U.S. jobs in June. Meanwhile, the U.S. Treasury is set to auction $38 billion in 3-year notes on Tuesday.