PRESS ROOM
US Treasury yields remain under pressure as Delta variant concerns mount
Friday 16th July '21
The growing risk of the Delta variant derailing the ongoing global economic recovery is getting priced into US Treasury yields. US Treasury yields have remained low despite the most recent US reading of 5.4% year-on-year Consumer Price Index inflation in June. While equities have not pulled back materially in recent days, growth concerns are becoming apparent through low US Treasury yields and strengthening US dollar.