Treasury yields and oil price in focus at the start of the week

Treasury yields and oil price in focus at the start of the week

Treasury yields and oil price in focus at the start of the week

Share on facebook
Share on twitter
Share on linkedin

The price of oil hit a one year high after an attack on a Saudi facility on Sunday.

The U.S. 10-year Treasury yield moved higher, back towards the 1.6% mark, after President Joe Biden’s $1.9 trillion stimulus bill was passed by the Senate on Saturday. Markets will again be monitoring this closely with many investors nervous that the Fed will tighten sooner-than-expected. The House is expected to approve the bill within the next few days.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure