Treasury bond yields 3-year maturity fell to 3.856%, with sharper intraday swings
9Treasury bond yields fell across the board. 3-year maturity was recorded at 3.856% in the afternoon, after falling to 3.889% during the morning session. The previous day's impact from the war in the Middle East and strong U.S. employment data pushed the 3-year maturity close to 4%, but it showed wide swings within a single day.
Treasury bond yields 9fell across the board on the day. 3-year maturity was recorded at 3.856% in the afternoon. During the morning session that same day, the 3-year maturity fell to 3.889%.
On the previous day, 8, Treasury bond yields were observed to have risen sharply. Amid the war in the Middle East, prolonged high oil prices, and strong U.S. employment data, the 3-year maturity approached 4%. The renewed discussion of the possibility of a Federal Reserve rate hike was cited as the background.
9The decline was confirmed across both short- and medium-term maturities. Intraday fluctuations repeated during trading hours. The market saw both sharp rises and sharp falls within a single day.
Geopolitical risks, rising oil prices, and U.S. employment indicators have been cited together as the backdrop to the interest-rate fluctuations. These three factors affected the market simultaneously. Domestic bond yields respond sensitively to overseas interest rates and investor sentiment.
The difference between the morning and afternoon appeared to reflect the impact of intraday supply and demand and changes in foreign investor demand. On the day, fund flows between safe-haven and risk assets were observed. Volatility in the bond market widened on a daily basis.
8The day's surge and 9day's decline were reflected in market prices. Bond yields fluctuated over a short period that day. Investors are closely watching changes in market conditions.