All you need to get started with ETF selection and analysis. Create your account now →
Help us improve your experience. Please confirm your investor type:
The ETF Industry Is Evolving Fast
From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey.
Treasury Yields Rise Again
Fixed income recap for the week of May 22 to 28, 2023.
By Philippe Malaise
May 29, 2023
Advertisement
The yield on the benchmark 10-year Treasury note topped 3.80% (+10 basis points), reaching its highest level since early March. Concurrently, the yield on the 2-year Treasury note surged by 28 basis points, from 4.28% to 4.56%, as the odds of a June pause from the Federal Reserve were ticking lower. Furthermore, the debt ceiling deadline of early June is still looming as Congress takes a break for the Memorial Day weekend.
In Europe, the yield on the German 10-year Bund followed suit, rising from 2.43% to 2.54%.
📊 Share your ETF outlook
From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey and get exclusive early access to the final report.
Investment grade corporate bonds finished the week in the red. In Europe, the IBOXX € Liquid Corporates index slid 0.36%. In the U.S., the IBOXX iShares $ Investment Grade Corporate Bond Index fell for a fourth consecutive week (down 0.73%).
High-yield bonds edged down 0.18% in Europe (IBOXX € Liquid High Yield Index) and 0.25% in the U.S. (Markit iBoxx USD Liquid High Yield Capped Index).
Lastly, emerging debt in local currencies was down 0.36% while the dollar index strengthened again above the 104 threshold.
More articles
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
Privacy policy | Cookie policy | | Terms of use | Imprint
