U.S. bond yields stayed near the recent highs
As the countdown to the Fed September meeting begins, U.S. bond yields stayed near recent highs on Monday (9/18). The 10-year Treasury yield briefly tested 4.4% before retracing down. After this coming policy meeting, the Fed will provide new forecasts for economic outlook, including inflation, unemployment rates, along with forward guidance on interest rate prospects. Recently, rising oil prices have raised concerns that inflation could remain stubbornly elevated, and the Fed will be more likely to keep borrowing costs restrictive for a prolonged period.
Economic data
• The U.S. September NAHB Housing Market Index is 45, below the expectation of 50, and down from the previous value of 50.
US Treasury market conditions
• The 2-year US Treasury yield increased by 2bps to around 5.05%.
• The 10-year US Treasury yield decreased by 2bps to near 4.30%.
美債收益率維持在近期高點附近
隨著美聯儲九月會議的倒數計時開始，星期一（9/18）美國國債收益率保持在近期高點附近，10年期國債收益率一度測試4.4%附近後回落。本週利率決議會後，美聯儲將提供新的經濟前景預測，包括通脹、失業率，以及有關利率前景的前瞻指引。近日油價上漲引發了對通脹可能持續居高不下的擔憂，並使美聯儲更有可能將借貸成本保持在高位更長一段時間。
經濟數據
• 美國9月NAHB房產指數為45，預期為50，前值為50
美債市場狀況
• 2年期美債利率較前日上升約2bps至約5.05%
• 10年期美債利率較前日下跌約2bps至約4.30%