Signs of U.S. economic overheating have left Treasurys with negative returns of around 1.9% so far this month.
August is turning out to be one of the worst months in 2023 for U.S. government debt, and there’s still more than a week left to go.
Ten- and 30-year Treasury yields have been rising since April as traders and investors re-evaluate the strength of the U.S. economy and factor in higher real, or inflation-adjusted, rates over a longer period. Yields move in the opposite direction as prices, so rising Treasury yields reflect the fact that traders and investors have been selling off the underlying maturities.
The rise in yields seen during August “has more or less fulfilled the upside risk to rates at the long end of the curve we forecasted as recently as a few weeks ago,” the analyst said. “The curve has shifted away from confidently pricing a soft landing closer to the ‘no landing’ in our last forecast grid.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Signs & Counter Signs of Gotham War Head From DC Tomorrow (Spoilers)Last week's Knight Terrors: Catwoman 2 revealed fears that Selina Kyle may have over her involvement in the upcoming Gotham War...
Read more »
Soompi’s K-Pop Music Chart 2023, August Week 3Soompi’s K-Pop Music Chart 2023, August Week 3
Read more »
🎷 Get Your Jazz Groove On with Blue Fiasco at Comida 🌮 Tuesday, August 22nd, 6:30🎷 Get Your Jazz Groove On with Blue Fiasco at Comida 🌮 Tuesday, August 22nd, 6:30 - 8:30 pm 🎶 Blue Fiasco is back, bringing their jazz beats to Comida in Hudson, Ohio! Don't miss this opportunity to enjoy a fusion of jazz standards and timeless classics from the '60s, '70s, '80s, and '90s.
Read more »
Daily horoscope for August 20, 2023Check out your daily horoscope here, provided by Tarot astrologers.
Read more »
Phillies vs Nationals Prediction, Picks, Odds — August 20MLB odds, predictions, and picks for Philadelphia Phillies at Washington Nationals on August 20. MLB free pick for Phillies-Nationals.
Read more »
Full transcript of 'Face the Nation,' August 20, 2023On this 'Face the Nation' broadcast, Hawaii Gov. Josh Green and Los Angeles Mayor Karen Bass join Margaret Brennan.
Read more »