TLT - Tradeweb Government Bond Update - June 2024

2024-07-02 03:20:00 ET

Summary

• June was a mixed month for 10-year government bond yields, with those for Sweden registering the largest move, closing 24 basis points lower at 2.13%.
• France’s 10-year bond yield climbed 15 basis points over the month to 3.26%.
• Across the Atlantic, the yield on the U.S. 10-year Treasury decreased by 10 basis points to 4.40%.

June was a mixed month for 10-year government bond yields, with those for Sweden registering the largest move, closing 24 basis points lower at 2.13%. On June 27, the country’s central bank, Riksbank, kept interest rates unchanged following its first cut in eight years at the previous meeting. Meanwhile, the Swedish consumer confidence indicator increased to 93.3 in June, up from 91.3 in May....

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