US yields moved modestly higher for the 2nd consecutive week.
- 2-year yield 3.883%, up 6.1 basis points for the week. That comes after a 6.6 basis point gain last week.
- 5-year yield 3.994%, up 7.7 basis points for the week. Last week yields rose 4.0 basis points.
- 10-year yield 4.382% up 7.4 basis points for the week. Last week yields moved up 5.3 basis points
- 30-year yield 4.840%, up 5.1 basis points for the week. Last week yields moved up 6.8 basis points.
Looking at the 10-year yield, the 100-day moving averages at 4.254%. The yield low this week reached 4.260% just above the moving average level.
This article was written by Greg Michalowski at www.forexlive.com.
