T. Rowe Price US Treasury Long-Term
Do US Economic Indicators Support a Rate Hike?
US economic growth was revised to 0.8% in the second reading of GDP for 1Q16 compared to the previous month’s 0.5%.
What Economic Data Does a June Rate Hike Depend On?
Robert S. Kaplan of the Federal Reserve Bank of Dallas said, “The U.S. economy is strong enough to justify an interest-rate hike in the ‘not too distant future,’ but increases will be very gradual.”
Why Fundamental Market Demand Rose for 5-Year Treasury Notes Auction
Mutual funds like the Vanguard GNMA Fund – Investor Shares (VFIIX) and the T. Rowe Price US Treasury Long-Term Fund (PRULX) invest in five-year Treasury notes.
How Have Treasuries Fared since the Fed’s March Policy Statement?
The yield on the benchmark ten-year Treasury note stood at 1.97% on March 15, a day before the March policy statement. The next day, it fell just 3 basis points.
Treasury Yields Rise on Upbeat Consumer Inflation Data
US Treasury yields rose across the yield curve after upbeat consumer inflation data suggested that the Fed may hike interest rates earlier than expected.