PRESS ROOM
10-year US Treasury yields fall below 1.5%
Friday 11th June '21
Despite recent increases in inflation, the US Federal Reserve (Fed) is yet to pivot its stance on monetary policy accommodation. US Treasury yields, which rose sharply in the first quarter of this year and were broadly steady in April and May, have fallen at the start of June. Continued dovishness from the central bank could put downward pressure on yields, while any indication of policy tightening could cause yields to rise. Markets are keeping a close watch on the actions of the Fed.