Business · Markets · 2 hrs ago
US 10-year Treasury yield rises to 5.13% as bond prices fall
Long-term US Treasury bond prices fell in New York on Nov.
12.
The 10-year Treasury yield ended at 5.13%, up 0.14 percentage points from its Nov.
10 close.
Bond prices and yields move in opposite directions, so falling prices mean investors are demanding higher yields.
Rising oil prices added to concerns about inflation.
Recent US inflation data also strengthened expectations of higher US interest rates, putting further pressure on bonds.
The market’s next direction is not specified.
Long-term US Treasury prices fell in New York on Nov. 12.
The 10-year Treasury yield closed at 5.13%, up 0.14 percentage points from its previous close.
Rising oil prices heightened inflation concerns.
Expectations of US interest-rate increases also strengthened after inflation data released this week.
- Who
- US Treasury market participants.
- What
- Long-term bond prices fell, and the 10-year Treasury yield rose to 5.13%.
- When
- Nov. 12.
- Where
- New York.
- Why
- Rising oil prices increased inflation concerns, while recent US inflation data strengthened expectations of interest-rate increases.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- 10-year Treasury yield
- 5.13%
- Yield change
- Up 0.14 percentage points from the previous close
- Date
- Nov. 12
- 10-year Treasury coupon rate
- 5.000%