fxstreet.com 08 Feb, 2021 02:45 am

US 10-year Treasury yields rise for sixth consecutive day while teasing 11-month top

US 10-year Treasury yields rise for sixth consecutive day while teasing 11-month top
While portraying market optimism, US bond yields remain on the front foot during the early Monday. This could be well witnessed in the US 10-year Trea

US 10-year bond yields stay firmer around the March 2020 peak.While portraying market optimism, US bond yields remain on the front foot during the early Monday.The bond yields refreshed multi-day high on Friday after US Democratic Party members managed to push President Biden’s $1.Not only the US bond yields but the S&P 500 Futures and stocks in Asia-Pacific also favor the bulls amid a lack of major catalysts and light news feed.

American stimulus hopes propel the bulls despite US-Iran tension, mixed news at covid and vaccine fronts.Read: S&P 500 Futures refresh record top near 3,900 as US stimulus hopes favor risks amid quiet session Moving on, traders will keep their eyes on US stimulus news and vaccine developments for fresh impulse.

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