PRESS ROOM
10-year US Treasury yield falls below 1.3%
Friday 09th July '21
Despite widespread concerns among investors regarding rising levels of inflation, US Treasury yields have retreated further at the start of July dropping below 1.3% (as of 07 July) for the first time since February. The US dollar, however, has been relatively stable after making gains during the month of June. As of 07 July, the US dollar Index stands just below 93, compared to just under 90 at the start of June (Source: Bloomberg).