Treasury yields rise slightly as market continues to assess potential Fed action

Treasury yields rise slightly as market continues to assess potential Fed action

Nov. 20:

The debate continues this week as to whether and how much the Federal Reserve might cut rates next year.

This morning, the Dow traded up and Treasury yields were up relative to Friday morning.

Economic calendar

Monday, Nov. 20

  • Leading Indicators

Tuesday, Nov. 21

  • Existing Home Sales
  • The Federal Reserve publishes minutes from the Federal Open Market Committee meeting that concluded Nov. 16.

Wednesday, Nov. 22

  • Advance Durable Goods
  • Weekly Initial Jobless Claims
  • University of Michigan Consumer Sentiment

Friday, Nov. 24

  • S&P Global Flash U.S. Composite PMI

Treasury calendar

Monday, Nov. 20

  • $16 billion auction of 20-year Treasury bonds

Tuesday, Nov. 21

  • $15 billion auction of 10-year Treasury Inflation-Protected Securities
  • $26 billion auction of two-year Floating Rate Notes

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

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