* U.S. yield curve steepens, after flattening on Friday * Eurodollar futures pricing full Fed hike by December 2022 * U.S. services sector index soars to record high (Recasts; adds analyst comment, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, April 5 (Reuters) – U.S. Treasury prices edged higher on Monday, pushing yields lower, as investors paused recent selling of government bonds and took profits from short positions, though the uptrend in rates remained intact following Friday’s blockbuster non-farm payrolls report. The U.S. yield curve, which has become a barometer of risk sentiment in the bond market, steepened on Monday after flattening the previous session. The spread between U.S. 2-year and 10-year yields rose to 154 basis points.
TREASURIES-U.S. yields slip as markets consolidate positions, but uptrend intact
2021-04-05T19:46:42-04:00April 5th, 2021|
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