Treasury yields move after Yellen’s confirmation

Treasury yields move after Yellen’s confirmation

Treasury yields rose slightly on Tuesday, despite concerns about the potential opposition in Congress to President Joe Biden’s proposed $1.9 trillion stimulus package.

Traders will be watching for the International Monetary Fund’s world economic outlook, which is published twice a year and is due out at 8 a.m. ET.

November data from the S&P/Case-Shiller home price index is due out at 9 a.m. ET.

A January update on CB consumer confidence data is expected at 10 a.m. ET.

Weekly API stock change data for crude oil is then due out at 4:30 p.m. ET.

Auctions will be held Tuesday for $34 billion of 52-week bills, $30 billion of 119-day bills, $30 billion of 42-day bills and $61 billion of 5-year notes.


LEARN MORE ABOUT THIS GREAT SOURCE

About The Author

CTM MAGAZINE
Jaime Bayly Show – Programa en Vivo- 25 de Enero del 2021Healthyish at Home: 7 Ways to Make Your Space Feel Great
error: