PRESS ROOM
US treasury yields continue sideways
Monday 05th October '20
US treasury yields continue to remain broadly unmoved in September with 10-year yields now hovering around 71bps. Despite the improvement in economic indicators in recent months, treasury yields remain low due to the US Federal Reserve’s (Fed) highly accommodative monetary policy. With the Fed now targeting average inflation and expected to keep rates low until 2023, the US treasury yield curve has not shifted materially in the last month and remains significantly below where it was at the start of the year.