{"id":13849,"date":"2022-05-13T13:49:20","date_gmt":"2022-05-13T13:49:20","guid":{"rendered":"https:\/\/harchi90.com\/treasury-prices-slip-as-investors-pile-back-into-stocks\/"},"modified":"2022-05-13T13:49:20","modified_gmt":"2022-05-13T13:49:20","slug":"treasury-prices-slip-as-investors-pile-back-into-stocks","status":"publish","type":"post","link":"https:\/\/harchi90.com\/treasury-prices-slip-as-investors-pile-back-into-stocks\/","title":{"rendered":"Treasury prices slip as investors pile back into stocks"},"content":{"rendered":"
US Treasury prices slipped on Friday, seeing yields jump, as investors sold out of government bonds and looked to move back into stock markets.<\/p>\n
The yield on the benchmark 10-year Treasury note surged 9 basis points to 2.9131% at 4:15 am ET. The yield on the 30-year Treasury bond climbed 9 basis points to 3.0704%. Yields move inversely to prices and 1 basis point is equal to 0.01%.<\/p>\n<\/div>\n
US stock futures jumped in early trading on Friday, with markets seeking to avoid falling into bear territory, after heavy selling in recent days.<\/p>\n
Throughout the week, investors appear to have rotated out of stocks and into Treasurys in search of a safe haven, as persistently high inflation data has fueled recession fears.<\/p>\n
Federal Reserve President Jerome Powell said in an interview with Marketplace on Thursday that he couldn’t guarantee a “soft landing” for the economy, despite the central bank’s efforts to control inflation.<\/p>\n<\/div>\n