American US Government Securities Fund

The Fed’s hawkish tone and repeated references to June as a possible candidate for a rate hike were unexpected by market participants.

The US Treasury Department conducted the weekly auction for four-week Treasury bills (or T-bills) on May 3.

The two-year Treasury note auction size was set at $26 billion, an amount that has been constant since January 2015. The issue’s coupon rate was ~0.88%.

Last year, US Treasury yields lost much of their curve, as the pace of decline in long-term yields was much faster than those of short-term yields.

Portugal’s bond yields have been diverging from the rest of Europe. The Bank of Portugal reassigned five of Novo Banco’s senior bonds to Banco Espirito Santo.

The U.S. Department of the Treasury auctioned 13-week T-bills worth $28 billion on December 21. The amount on offer was same as the previous week.

The yield on the five-year T-notes in the secondary market fell by four basis points after the auction—compared to the previous day. It ended at 1.66% on November 24.

In a report on the US Treasury market on October 15, 2014, the ten-year benchmark yield witnessed a 37 basis-point trading range.

The US Department of the Treasury conducted the weekly auction of four-week Treasury bills, or T-bills, on September 29. The issuance was $10 billion.

Following the auction of five-year Treasury notes, yield in the secondary market rose marginally by 3 basis points from the previous day. Yield ended September 23 at 1.47%.

The U.S. Department of the Treasury conducted the weekly auction for four-week Treasury bills, or T-bills, on September 15. The issuance was $20 billion.

Treasury yields fell across the yield curve for the week ending September 18, 2015. The demand for safe-haven assets rose amid global uncertainty.

The US Department of the Treasury conducts an auction for ten-year Treasury notes, or T-notes, once a month. The yield is considered a benchmark in the financial markets.

Last week, the supply of Treasury securities rose due to the large issuance of high-grade bonds and China dumping US Treasuries.

The yield on five-year Treasury notes in the secondary market moved up marginally after the auction from the previous day. It ended August 26 at 1.49%, compared to 1.48% on August 25.

On August 12, ten-year T-notes worth $24 billion were auctioned. This was $3 billion higher than the previous month. The coupon rate came in at 2%.

US Treasury yields rose across the yield curve for the week ending August 14 due to a rise in the PPI. However, the rise in the yields was restricted to single digits.

The US Department of the Treasury conducted the weekly auction for four-week Treasury bills on August 4. The issuance was $40 billion, the same as in the previous three weeks.