Treasury yields rise
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U.S. Treasury yields moved higher on Monday as investors looked ahead to the Federal Reserve's monetary policy meeting.
DXY edges higher Tuesday but the main trend is down and the minor trend is neutral. Rising Treasury yields and Iran safe-haven demand are the only things keeping the dollar supported.
The latest Freddie Mac Weekly Primary Mortgage Market Survey put the 30-year fixed rate at 6.23%. Read more here.
Treasury yields rose as WSJ reports Vice-President Vance is pausing his trip to Pakistan for peace talks with Iran.
Traders in the Treasury options market are bracing for long-dated bond yields to surge past 5% as a rally in oil prices continues unabated.
Trump bought up to $161 million in bonds in March, an ethics filing shows, ahead of the Fed's April rate decision.
Treasury yields near 4% on intermediate maturities are the highest sustained income levels from government-backed securities in roughly two decades, and a fund that captures them at a cost of 0.03% per year deserves serious attention from any investor who wants income without credit risk.
16hon MSN
US Treasury yields, dollar rise
Treasury yields rose as the ongoing blockage of the Strait of Hormuz pushed oil prices higher, sustaining inflation concerns.