The yield on 30-year U.S. Treasury bonds has surpassed 5%, and traders have further postponed the expected timing of interest rate cuts.

USA government bonds plummeted, as strong non-farm employment data prompted traders to push back expectations for the Federal Reserve's next interest rate cut to the second half of the year. In December, USA non-farm payrolls saw the largest increase in nine months, and sell-offs pushed the yield curve higher, with the 10-year treasury yield rising to its highest level since 2023, and 2-7 year treasury yields increasing by more than 10 basis points, while the 30-year yield exceeded 5% for the first time in over a year. CreditSights’ head of investment grade and macroeconomic strategy, Zachary Griffiths, noted that after the release of the non-farm employment data, treasury yields increased.

Global market reportJan 10 23:44

Express News | Institutions such as Amundi, T. Rowe Price, and ING Groep warn that the next to reach the 5% level could be the 10-year government bonds, and some Options Trading traders have already set their sights on this threshold.

BreakingsJan 10 23:43

ING GROEP (0RIC) Receives a Buy From Kepler Capital

TipRanksJan 10 09:35 · Ratings

Express News | Dutch International: It is expected that German industrial output will struggle to overcome stagnation in the fourth quarter of 2024.

BreakingsJan 9 20:18

The United Kingdom's bond market is experiencing severe fluctuations, raising concerns about the possible reappearance of the debt crisis nightmare from 1976.

The recent turmoil in the United Kingdom's Bonds market reminds people of the collapse of then-Prime Minister Truss's fiscal plans in 2022; however, it seems more appropriate to compare the current situation to the debt crisis of the 1970s. This is the analysis of former Bank of England rate setter Martin Weale, who stated that the Labour government may have to resort to austerity measures to appease the markets and assure investors that the government will address the UK's ever-increasing debt burden until market sentiment changes. On September 23, 2022, then-Prime Minister Truss left Downing Street. In recent days, the long-term borrowing costs in the United Kingdom have surged.

Global market broadcastJan 9 19:43

Express News | UK sovereign CDS remains stable. Analysts say that the sell-off in the Bond market is not a sovereign crisis.

BreakingsJan 8 23:39