10-year sovereign debt yields

February 2021 in Figures

February 27, 2021

Extreme financial market volatility on the final business day of February exerted a significant effect on monthly changes shown in the table below. The ten-year U.S. Treasury yield, for example, plunged from last week’s 12-month high of 1.61% to 1.40% at yesterday’s close, and the prices of oil and gold sank 3.2% and 2.6% on […] More

January 2021 in Figures

January 29, 2021

Sovereign debt yields rose more rapidly in North America than in Europe or Japan during January.  Among central banks followed in this feature, no policy interest rates were changed this month. Equity selling in the final week of the month resulted in slight net losses for most markets in January, and newfound caution aided the […] More

October 2020 in Figures

October 30, 2020

Compared to previous recent months, net dollar movements in October were limited, exceptions being a 1.9% rise against the Australian dollar and 1.5% slide versus the yuan. Ten-year sovereign debt yields favoring the dollar became even more advantageous, and share prices declined broadly and significantly. The price of West Texas Intermediate crude oil dropped over […] More

September 2020 and Third Quarter in Figures

September 30, 2020

Third-quarter declines in the dollar were for the most part trimmed during the past month. Likewise, the dollar fell in the quarter but generally rose in September. There weren’t any central bank interest rate changes in the quarter in the countries examined here. Ten-year sovereign debt yields fell in September, while net changes between end-2Q […] More

January 2020 in Figures

January 31, 2020

The month of January presents another recent example of a time when key dollar pairs against the euro, yen, Swiss franc or sterling hardly moved on balance even as other financial markets underwent big changes. It was a month subjected to big distortions toward the end in the face of China’s rapidly spreading health crisis. […] More

November 2019 in Figures

December 2, 2019

Share prices and 10-year sovereign debt yields climbed last month in most of the economies featured below. The dollar strengthened between 0.9% and 1.9% relative to the euro, yen, Swiss franc, loonie and Australian dollar but ended November with minimal net change against the kiwi, yuan or sterling. Central bank policy rates were not changed […] More

October in Figures

October 31, 2019

The intensification of risk related to U.S.-Sino trade talks and Brexit that happened in September receded partly in October. Monthend came and went without the U.K. leaving the EU either with or without a deal, and sufficient progress in the trade talks forestalled the threat of sharp tariff increases at least for a while. Impeachment […] More

June and the Second Quarter in Figures

June 28, 2019

Although the major central banks did not change their key short-term interest rates in the second quarter, global disinflation and decelerating economic growth depressed expected inflation and fanned speculation that monetary policies will be eased later in 2019. This in turn put downward pressure on long-term interest rates but incentivized share prices to climb. President […] More

Seasonality of the Dollar in Early January and Some Reflections on Rising Long-Term Treasury Yields

January 15, 2018

The dollar depreciated by 2.2% against the euro in the first half of January. That loss brings to three the streak of declines at the start of a calendar year. In the first January halves of 2016 and 2017, the dollar had on balance lost 0.5% and 0.6% relative to the common European currency. The […] More

Yen Weakens to a Six-Week Low

May 2, 2017

The yen is down 0.3% on balance after touching an overnight low of 112.32 per dollar, its weakest value since March 21. Japan’s services purchasing managers index and composite PMI slipped to 2-month lows of 52.2 and 52.6 in April from 19-month peaks set in March. On-year growth in Japan’s monetary base slid under 20% […] More

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