Capital Alert: January 11, 2018
While U.S. Treasuries have proven resilient, yields have been moving up over the last few weeks sparked by concerns over inflationary pressures, reduced purchases by the world’s top central banks and looming U.S. debt sales. Senior Chinese government officials have recommended slowing or halting the purchase of U. S. debt (Treasuries), adding angst to a bond market unnerved by a recent sell off. The 10-year Treasury yield has fluctuated this week near 2.56%. At this point, 10-year yields are 25 basis points higher than early December of last year.