U.S. fiscal yields have fallen as investors monitor whether the Senate will pass President Donald Trump’s split spending bill in the next few hours.
At 3:59 a.m. ET, the benchmark yield fell by 2 basis points to 4.257%, while the benchmark yield was 4.257%. 30 years Yield increased 3 basis points to 4.814%. at the same time, 2-year yield There was almost no change with a change of 3.73%.
One basis point equals 0.01%, and the yield and price move in the opposite direction.
Trump’s”Big, beautiful Bill“The key procedural barriers to the Senate were passed on Saturday and will now have a final debate in the Senate.
According to the Congressional Budget Office, the plan could increase $3.9 trillion in national debt analyze. Trump is urging lawmakers to pass the bill ahead of the upcoming Independence Day holiday on July 4.
“President Trump is committed to keeping his promise and failing to pass the bill will be the ultimate betrayal,” the White House said in an executive policy statement on Saturday.
On the tariffs, Trump said over the weekend that he would “terminate the relevant and Canada“After Ottawa decided to impose a digital service tax on U.S. companies. However, Canada shrunk its taxes on Sunday night, saying it was for the purpose of obtaining a comprehensive trade arrangement that is mutually beneficial. The United States and China The trade framework was completed separately on Friday.
Monday was quiet on economic data, but investors will follow the ISM manufacturing PMI and shocking job openings on Tuesday, as well as non-farm wages on Thursday.
