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US bonds: Moderate price gains on the day before the Fed’s decision

Tuesday, 11/02/2021 8:25 PM from

dpa-AFX

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NEW YORK (dpa-AFX) – The prices of US government bonds rose a little on Tuesday in an environment of equally robust stock markets. The futures contract for ten-year Treasuries (T-Note-Future) rose by 0.25 percent to 130.98 points. The yield on ten-year paper fell to 1.55 percent.


Apart from the general state of the financial markets with ever new records for the New York stock indices, the bond market lacked clear impulses. Shortly before the Fed’s interest rate decision, no market-moving economic data came from the USA. Overall, it was said that a wait-and-see attitude prevailed before the monetary policy decision due on Wednesday.

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