Treasury yields changed little ahead of the Fed rate decision.
On Tuesday (10/31), U.S. Treasury yields closed mixed, with little change in yields across the curve, as the market awaited the Fed’s interest rate decision tomorrow. As of the close, the 2-year Treasury yield rose about 1bp to 5.07%, while the 10-year Treasury yield fell about 1bp to 4.88%. On the economic data front, U.S. consumer confidence index fell to a five-month low in October, dragged down by gloomy business conditions and consumer worries about high inflation, marking the third consecutive month of decline.
Economic data
- US 3rd Quarter Employment Cost Index (ECI) QoQ: 1.1% (Expected: 1.0%, Previous: 1.0%)
- US August FHFA House Price Index (HPI) MoM: 0.6% (Expected: 0.5%, Previous: 0.8%)
- US August FHFA House Price Index (HPI) YoY: 5.6% (Previous: 4.6%)
- US October Conference Board Consumer Confidence Index: 102.6 (Expected: 100.5, Previous: 104.3)
US Treasury market conditions - The 2-year US Treasury yield increased 1bp to around 5.07%.
- The 10-year US Treasury yield decreased 1bp at around 4.88%.
美債利率收盤變化不大，市場靜候聯準會利率決議
週二（10/31）美國公債收益率收盤漲跌互見，各天期收益率變化不大，市場靜候明日聯準會利率決議出爐。截至收盤，2 年期美債收益率上漲約1bp至 5.07%，10 年期美債收益率下跌約1bp至 4.88%。經濟數據方面，受商業狀況前景黯淡以及消費者對高物價的擔憂拖累，美國 10 月消費者信心指數降至 5 個月低點，已連續 3 個月下滑。
經濟數據 - 美國第三季聘僱成本指數季增率為 1.1%，預期 1.0%，前值 1.0%
- 美國 8 月 FHFA 房價指數月增率為 0.6%，預期 0.5%，前值 0.8%
- 美國 8 月 FHFA 房價指數年增率為 5.6%，前值 4.6%
- 美國 10 月經濟評議會消費者信心指數為 102.6，預期 100.5，前值 104.3
美債市場狀況 - 2年期美債利率較前日上漲約1bp至約5.07%
- 10年期美債利率較前日下跌約1bp約4.88%