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Last week’s performance saw the overall Treasury market as measured by the S&P/BGCantor US Treasury Bond Index return 0.03% and is now at 2.08% for the year. Yields moved lower as the yield-to-worst of the S&P/BGCantor Current 10 Year U.S. Treasury Bond Index is now at a 2.49% which brings it back down to level…
Investor’s search for yield continued at the very start of last week’s heavy economic calendar. The Retail Sales numbers continued the trend of lower yields as the number released (0.1%) was weaker than the 0.4% surveyed. The news started a process of investor reassessment of economic growth expectations not only domestically but globally. Year-to-date the…
