U.S. 10-Year Treasury Yield Hits 4.5003% on May 13, Swinging on PPI Data Release

GateNews

On Wednesday (May 13), U.S. Treasury yields swung sharply following the release of wholesale inflation data (PPI). The 10-year benchmark yield climbed 5.8 basis points to 4.4688% at the New York close, holding near 4.46% before the PPI print at 8:30 PM Beijing time, then jumped to a daily high of 4.5003% at 11:30 PM, exhibiting a V-shaped reversal pattern.

The 2-year yield fell 1.23 basis points to 3.9791%, dipping to that level pre-PPI before rallying to a daily high of 4.0127% at 9:46 PM, then retreating to a daily low of 3.9750% at 3:27 AM, forming an M-shaped pattern.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments