• U.S. Treasury yields fall amid delta variant concerns and Fed taper discussion

Market news

20 August 2021

U.S. Treasury yields fall amid delta variant concerns and Fed taper discussion

CNBC reports that U.S. Treasury yields fell, amid continued concerns about the spread of the delta variant and discussion from the Fed of tapering bond purchases.

The yield on the benchmark 10-year Treasury note fell less than a basis point to 1.235%. The yield on the 30-year Treasury bond gave up 1.2 basis point, falling to 1.864%.

Treasury yields ebbed lower despite the latest meeting minutes from the Federal Reserve, released Wednesday. In addition, concerns about the spread of the delta variant continued to weigh on sentiment.

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