The profitability of the US treasury fell when investors monitored whether the Senate would pass in the next few hours of the expenditure account of President Donald Trump.
At 3:59 et reference efficiency was 2 base points lower at 4.257%, and 30 years The efficiency moved by 3 base points lower up to 4.814%. Meanwhile 2-year performance Not much changed to 3.73%.
One base point is 0.01%, and yields and prices move in opposite directions.
Trump “A large, beautiful bill“She stored a key obstacle in the Senate on Saturday and is now planned for the final debate in the Senate.
The package may increase over $ 3.9 trillion of domestic debt, in accordance with the Congress Budget Office analysis. Trump forces legislators to adopt a bill before the upcoming Independence Day on July 4.
“President Trump is obliged to maintain promises, and the lack of adoption of the law would be the final betrayal,” said the White House in a statement on administrative policy on Saturday.
On the front of the tariff Trump said at the weekend that “he would end all discussions about trade Canada“After Ottawa decided to impose tax on digital services to American companies. However, Canada returned the tax on Sunday evening, saying that it is in the interest of mutually favorable comprehensive commercial arrangements. USA and China He finalized the trade framework separately on Friday.
Monday is quiet in terms of economic data, but investors will follow the ISM and JOLTS production holes on Tuesday, as well as on Thursday non-foam wages.