Almost the entire last week, investors were selling off the US government debt, but on Friday, August 4, buyers began to return to it: the yield on 10-year treasury bonds fell to 4.06%, 30-year-old – to 4.214%, two-year – to 4.793%, six-month – up to 5.466%, three-month – up to 5.43%.
Despite the purchases, long-term yields last week returned to November 2022 levels, when inflation was twice the current level (it was 4% in May in annual terms). Since the beginning of the year, the yield on 10-year treasury bonds increased by 0.2 percentage points, 30-year-old – by 0.24 percentage points, two-year – by 0.37 percentage points, six-month – by 0.7 percentage points p., three-month – by 1.1 p.p.
2023-08-06 21:46:47
#national #debt #lost #protective #functions
