By FXEconomics.com | 10-Year Bond Yields
Rising yields to close the week were the theme in the 10-year bond markets with the US Treasury 10-year yield jumping on better than expected jobs numbers released on Friday.
Higher yields were seen in all the tracked major currency countries except for Switzerland.
The US, Germany, United Kingdom, Japanese, Canada, Australian and New Zealand all saw increasing yields compared to the week previous.
The US 10-year increased by around 18 bps to the 2.33 percent level which was over an 8 percent gain from the previous week.
Germany’s yield bumped up to the 0.69 level while the UK 10-year yield increased by approximately 10 bps to a 2.03 percent yield.
Free Reports:
Japan’s yield inched up to the 0.32 level while the commodity currency bloc saw yields at approximately 1.71 in Canada, 2.88 in Australia and 3.39 in New Zealand.
Switzerland’s 10-year yield edged down by -0.1 bps and remains in negative territory at -0.28.
10-year bond yields year to date:
