Treasuries’ yield record low over Fed’s rate hike delay

By Korea Herald

Published : June 16, 2016 - 17:49

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[THE INVESTOR] The yield on Treasury bonds with maturity of five years or more fell to record lows on June 16 over the US Federal Reserve’s decision to freeze the key interest rate.

Market data showed that the yield on five-year Treasury bonds came in at 1.383 percent, while that on 10-year bonds and 20-year bonds closed respectively were in the 1.5 percent and 1.6 percent range.

The yield on all three types is the lowest on record.

The Fed kept interest rates unchanged on June 15 in a widely expected move, with Fed Chair Janet Yellen acknowledging Britain’s possible exit from the European Union as one of the factors for the latest decision.

By Choi He-suk (cheesuk@heraldcorp.com)

Korea Herald
Korea Herald
Articles by Korea Herald

Treasuries’ yield record low over Fed’s rate hike delay

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