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Wallstreetcn
2026.08.12 19:48

On Wednesday (August 12), at the New York close, U.S. Treasury yields for the 2-year to 7-year tenors edged lower during the session, while long-end yields remained largely flat. Previously, mild July CPI data led traders to slightly reduce their bets on the number of rate hikes by the Federal Reserve in the coming months.

The U.S. 10-Year Treasury Yield rose 0.21 basis points to 4.684%.

The 2-year U.S. Treasury yield fell 0.64 basis points to 4.197%; the 30-year U.S. Treasury yield rose 0.96 basis points to 5.250%.

Driven by U.S. Treasury auctions and block trades, the yield spread between the 2-year and 10-year Treasuries briefly touched 49 basis points, marking the widest level since mid-May, with a clear steepening trend in the yield curve.

The 10-year Treasury Inflation-Protected Securities (TIPS) yield fell 0.56 basis points to 2.414%; the 30-year TIPS yield fell 0.2 basis points to 3.013%.