Treasury yields snap 5-day streak of gains: Treasury yields declined on Thursday after rising for five straight sessions.
- Some market participants attributed the move to investors being lured into picking up bonds at a lower price, pushing up prices and nudging yields lower.
- The pull back for yields also comes as the U.S. stock market, one proxy for risk appetite on Wall Street compared with the perceived safety of government bonds, retreated from a run of record closes drawing some haven bids.
- Federal Reserve Vice Chairman Stanley Fischer said during an interview with Bloomberg News early Thursday that the central bank sees signs of strengthening in the economy and “is a little more confident about where we’re going and how soon we’ll get to full employment with stable prices.”.
Fixed Rate Indices
|2-year...||01/19||1 1/8%||1.210%||( - )|
|5-year...||01/22||1 7/8%||1.940%||( - )|
( - )
|10-year||02/27||2 2/8%||2.450%||( - )|
|30-year||02/47||3 0/8%||3.050%||( - )|
|Treasury Rates are as of 02-16-2017 as reported by The Wall Street Journal.|
|Last effective change||12-15-2016|
Floating Rate Indices
London Interbank Offered Rates are as of 02-16-2017 as reported by The Wall Street Journal.
|2-year SWAP....||33.90 bps||1.5490%|
|5-year SWAP....||6.70 bps||2.0070%|
|7-year SWAP....||-7.40 bps||2.1860%|
|10-year SWAP...||-8.20 bps||2.3680%|
SWAP Rates are as of 02-16-2017 as reported by ©theFinancials.com.