PRESS ROOM
US treasury yields relatively unmoved despite equity market action
Monday 14th September '20
10-year US treasury yields have moved relatively sideways in the first 2 weeks of September despite the sell-off in US equity markets. This indicates that the macroeconomic outlook has not changed fundamentally in recent days. 10-year US treasury yields are around 66bps – roughly around the level they have traded at since April. Low long-term yields signify the market’s expectation that the US Federal Reserve (Fed) will remain accommodative for a long period.