Treasury yields rise ahead of Fed conference this week

Treasury yields rise ahead of Fed conference this week

Aug. 21:

Treasury yields continue to increase ahead of the Federal Reserve’s Jackson Hole retreat that starts later this week.

Economic calendar

Tuesday, Aug. 22

  • Existing Home Sales

Wednesday, Aug. 23

  • S&P Global Flash US Composite PMI
  • New Home Sales

Thursday, Aug. 24

  • Advance Durable Goods
  • Weekly Initial Jobless Claims

Friday, Aug. 25

  • University of Michigan Consumer Sentiment
  • Fed Chair Jerome Powell is scheduled to speak at 7:05 a.m. PST at the central bank’s annual Jackson Hole Economic Symposium. The topic for the symposium, held Aug. 24 to 26, is “Structural Shifts in the Global Economy.”

Treasury calendar

Wednesday, Aug. 23

  • $16 billion auction of 20-year Treasury bonds
  • $24 billion auction of two-year Floating Rate Notes

Thursday, Aug. 24

  • $8 billion auction of 30-year Treasury Inflation-Protected Securities

By Mike Kraft, Executive Director and Commercial Real Estate Treasurer for Commercial Banking

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