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U.S. Treasury Yields Stabilize as Government Shutdown Deal Advances
U.S. Treasury Yields Stabilize as Government Shutdown Deal Advances
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BTCCSquare news:
Treasury yields retreated from recent highs as progress toward ending the U.S. government shutdown bolstered market sentiment. The 10-year yield settled at 4.11%, with the 2-year note at 3.55% and the 30-year bond at 4.70%.
A Senate-approved funding bill, expected to pass both chambers and receive presidential approval, WOULD conclude the longest federal shutdown in history. Analysts suggest reopening the government could ease liquidity pressures and restore confidence in U.S. assets.
The release of $200 billion from the Treasury general account may alleviate uncertainty around federal spending plans, which had raised concerns about strained demand and higher borrowing costs.
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