Free Trial

10s Through The 2% Mark As Real Yields Jump

US TSYS

10Y Treasury yields in the past few minutes have gone through the 2.00% mark for the first time since August 2019. Last printing 2.0136%, up 7.2bp on the day.

  • Notably, the move today has been driven mainly by real yields despite the above-expected January inflation print.
  • 10Y Breakevens up only 2bp on the day, meaning real yields are up over 5bp and look soon to test the recent high of -0.4557 (last -0.4568%). Above that would mark the highest real yield since June 2020.


10Y Treasury Nominal Yields (%)Source: Bloomberg

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.