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Markets

US yield curve holds at flatter levels after Q4 GDP data

Published February 28, 2018 Updated February 28, 2018 02:12pm

NEW YORK: The spread between short- and longer-dated US Treasury yields held at tighter levels on Wednesday as the government downgraded its reading on US economic growth in the fourth quarter to 2.5 percent, matching analysts' expectations.

At 8:53 a.m. (1353 GMT), the spread between five-year and 30-year yields was 48.05 basis points, tighter than 49.85 basis points late on Tuesday, Tradeweb data showed.

 

Copyright Reuters, 2018
 

 

 

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