Yields move inversely to prices.
TREASURYS
TICKER COMPANY YIELD CHANGE %CHANGE
US3M U.S. 3 Month Treasury 0.028 0.008 0.00
US1Y U.S. 1 Year Treasury 0.071 0.008 0.00
US2Y U.S. 2 Year Treasury 0.151 0.00 0.00
US5Y U.S. 5 Year Treasury 0.799 -0.003 0.00
US10Y U.S. 10 Year Treasury 1.552 -0.004 0.00
US30Y U.S. 30 Year Treasury 2.239 -0.002 0.00
Yields only saw small movements on Friday morning, following reports that Biden will seek to raise taxes on millionaire investors to fund education and other spending priorities.
Biden will seek an increase in the tax on capital gains to 39.6% from 20% for those Americans earning more than $1 million, according to multiple outlets, including Bloomberg News and The New York Times.
Meanwhile, the April Markit purchasing managers’ index, which tracks manufacturing and services activity, is set to come out at 9:45 a.m. ET.
New home sales data for March is then due out at 10 a.m. ET.
There are no auctions scheduled for Friday.
