Market Snapshot: U.S. 10 Year Yield Falls Again

Yields on 10-year U.S. Treasury bonds fell again today, according to data from Tradeweb.

The bid yield on the 10-year U.S. Treasury was at 2.127% at 1:49 PM EST after hitting an intraday high of 2.157, and down 1.2 bps from yesterday’s close of 2.139%. Today’s intraday low was 2.047%. This movement followed the U.S. Treasury’s auction of 10-year notes and China deciding to weaken its currency. 

The bid yield on the 10-year German Bund closed at 0.607%, down 2 bps from yesterday’s close of 0.627%. Today’s intraday high was 0.653, while the low was 0.589%. 

The bid yield on the 10-year U.K. Gilt closed at 1.803%, down 1.8 bps from yesterday’s close of 1.821%. Today’s intraday high was 1.852, while the low was 1.740%.

CHART 1: US 10-Year Treasury Yields – August 13, 2014 – August 12, 2015 (12 Month View)

CHART 3: German 10-Year Bund Yields – August 13, 2014 – August 12, 2015 (12 Month View)

CHART 4: U.K. 10-Year Gilt Yields – August 13, 2014 – August 12, 2015 (12 Month View)