Market Snapshot: U.S. 10-Year Yields Up Following Housing Data Release

Yields on 10-year U.S. Treasury bonds were up following the release of July U.S. housing starts data, according to data from Tradeweb.

The bid yield on the 10-year U.S. Treasury was 2.189% as of 2:12 PM EST, up 3.7 bps from yesterday’s close of 2.152%. Today’s intraday high was 2.198%, while the low was 2.140%. This follows the release of a report indicating that housing starts reached an eight-year high in July.

The bid yield on the 2-year U.S. Treasury was 0.714% as of 2:12 PM EST, up 0.4 bps from yesterday’s close of 0.710%. The intraday high for today was 0.726%, while the intraday low was 0.694%.

The bid yield on the 10-year German Bund closed at 0.637%, up 0.8 bps from yesterday’s close of 0.629%. Today’s intraday high was 0.658%, while the low was 0.608%.

The bid yield on the 10-year U.K. Gilt closed at 1.872%, up 4.8 bps from yesterday’s close of 1.824%. Today’s intraday high was 1.886%, and the intraday low was 1.794%. This follows a report showing inflation increasing in July.

The charts below are based on indicative, real-time data from Tradeweb.

CHART 1: U.S. 10-Year Treasury Yields – August 19, 2014 – August 18, 2015 (12 Month View)

CHART 2: U.S. 2-Year Treasury Yields – August 19, 2014 – August 18, 2015 (12 Month View)

CHART 3: Germany 10-Year Bund Yields – August 19, 2014 – August 18, 2015 (12 Month View)

CHART 4: U.K. 10-Year Gilt Yields – August 19, 2014 – August 18, 2015 (12 Month View)