Market Snapshot: U.S. 10yr Yield Flat; Portuguese, Greek 10yr Yields Drop Following Economic News

Yields on 10-year U.S. Treasury securities were flat today, according to data from Tradeweb.

The bid yield on the 10-year U.S. Treasury note was 2.269% as of 2:12 PM EST, down 0.4 bps from yesterday’s close of 2.273%. Today’s intraday low was 2.255%, while the intraday high was 2.313%. This follows data for October showing a 0.2% rise in consumer prices and a 0.2% decline in industrial production.

In Europe, the bid yield on the 10-year U.K. Gilt was 1.961%, up 1.8 bps from yesterday’s close of 1.943%. Today’s intraday high was 1.997%, while the intraday low was 1.933%. This follows news that consumer prices fell by 0.1% in October after declining by 0.1% in September. 

The bid yield on the 10-year Portuguese bond was 2.561%, down 13.5 bps from yesterday’s close of 2.696%. Today’s intraday low was 2.560%, while the intraday high was 2.779%. This comes amid ongoing political uncertainty and news that the country’s investment grade rating from DBRS would stay intact. 

The bid yield on the 10-year Greek bond was 7.101%, down 18.1 bps from yesterday’s close of 7.282%. Today’s intraday low was 7.066%, while the intraday high was 7.317%. This follows news that Greece reached a deal with lenders on financial reforms, paving the way for the ECB to buy Greek bonds. 

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

CHART 1: U.S. 10-Year Treasury Yields – November 18, 2014 – November 17, 2015 (12 Month View)

CHART 2: U.K. 10-Year Gilt Yields – November 18, 2014 – November 17, 2015 (12 Month View)

CHART 3: Portuguese 10-Year Yields – November 18, 2014 – November 17, 2015 (12 Month View)

CHART 4: Greek 10-Year Yields – November 18, 2014 – November 17, 2015 (12 Month View)