By FXEconomics.com | 10 Year Bond Yields
Last week’s closing prices saw yields higher across the board in our tracked 10-year bond markets. The US Treasury 10-year yield closed higher for the first time in four weeks just under the 2.30 percent yield while Germany saw a sharp rise in yields last week.
Overall, higher yields were seen in the US, Germany, UK, Japan, Switzerland, Canada, Australia and New Zealand at the close of last week.
The US 10-year advanced by approximately 5 bps to the 2.27 percent level which is the highest weekly close since the week of November 1st.
Germany’s yield jumped by approximately 22 basis points to the 0.69 level while the UK 10-year yield rose by approximately 10 bps to a 1.92 percent yield.
Japan’s yield edged higher by just 1 bps to a 0.33 percent yield and Switzerland’s 10-year yield increased by 13 bps to -0.23 percent from -0.36 percent.
Free Reports:
In the commodity currency bloc, Canada saw yields edged up by approximately 2 bps to register a 1.59 percent yield while Australia’s 10-year yield bumped up by 8 bps to the 2.92 percent level and and New Zealand’s yield also saw a gain by 4 bps to approximately 3.59 percent.
Yields Year-To-Date:
Year-to-date changes updated this week showed that after Germany’s jump in yield last week brought the year-to-date level into positive territory and the highest of the tracked bonds.
Canada, Switzerland and New Zealand’s yields continue to be in negative territory year-to-date.
