Us treasury yields were little changes on tuesday as worms over the state of the us economy person.
The Benchmark 10-Year Treasury Yield Was 2 Basis Points Higher at 4.234%. The 2-Year Treasury Yield was also up 2 Basis points at 3.914%, after Falling to its Lowest Level Since October.
One Basis Point is Equal to 0.01%, and Yields and Prices Move in OPPOSTE DIRECTIONS.
On Tuesday, Investors Were Concerned about the Possibility of a Recession Hitting The Us Economy, after us President Donald Trump Made Remarks Over the weekend that the economy is in a “period of transition.”
With the impact of trump’s newly implement tariff policies on Global Trade, and Concerns about the Gross Domestic Product Decculing in the first Quarter, the newly elected presiding why Possibility of a Recession.
“I hate to predict things like that.” Trump said. “Look, we’re going to have disrupt, but we’re ok with that.”
That followed comments from Treasury secretary scott bessent, who told cnbc on Friday that the economy may see a “Detox Period“As the Trump Administration Cuts Federal Spending.
Anastasia Amoroso, Chief Investment Strategist at ICAPITAL, said on CNBC “Closing Bell“on Monday that recession fears may be overblown.
“Why do we have a recession all of a sudden? What indicators actually point to a recess?” Amoroso said. “We have a relatively strong payrols report.
The Big Economic Data release of the week is the consumer price index report due Important indicators for the health of the US economy.
(Tagstotranslate) Us 2 year treasury