From CNBC · Hugh Leask · · 1m
Treasury yields rise as data watch begins
Bond markets reopen after Veterans Day with investors focused on inflation and housing reports to gauge the economy and Federal Reserve policy.
In brief
Bond markets reopen after Veterans Day with investors focused on inflation and housing reports to gauge the economy and Federal Reserve policy. U.S. Treasury yields rose Thursday as markets reopened and investors awaited inflation and housing data to assess economic conditions and the Fed's next move. Originally…
Yields climb as markets reopen
U.S. Treasury yields edged higher Thursday as bond trading resumed after the Veterans Day closure. Investors looked ahead to fresh inflation and housing data for clues about the economy and the Federal Reserve's next move.
Key yields move across the curve
The ten-year Treasury note yield, the benchmark for mortgages and auto loans, was up two basis points at five point zero one zero zero percent.
Data releases this week will guide markets
On Friday, producer price inflation is expected to show a zero point four percent rise in October, down from one point three percent in September.
The bottom line
U.S. Treasury yields rose Thursday as markets reopened and investors awaited inflation and housing data to assess economic conditions and the Fed's next move.
