Treasuries yield rose after recent decline, optimism about trade talks

From Nasdaq: 2025-04-08 15:27:00

Treasuries experienced further downside on Tuesday, with the yield on the benchmark ten-year note jumping 10.7 basis points to 4.262 percent. This comes after a 17.0 basis point surge on Monday, moving further off a six-month closing low. Selling pressure eased amid optimism about trade negotiations, but concerns about U.S.-China tensions and below-average demand at a $58 billion three-year note auction caused fluctuations. Treasury Secretary Scott Bessent stated that around 70 countries have approached the White House for trade talks, with Japan being a priority. Trump also mentioned positive developments with South Korea. The tariff situation and upcoming Federal Reserve meeting minutes will be closely watched.



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