There are no major economic data releases due out Wednesday. However, traders will have an eye on an auction for $24 billion of 20-year bonds on Wednesday, as a gauge of demand for longer-term government debt.
An auction will also be held for $35 billion of 119-day bills.
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Treasury yields rise as investors eye on corporate earningsU.S. Treasury yields rose on Tuesday morning, as investors eye on the latest corporate earnings. retweet It is time to unload technology stocks. Sell in May and go away? Let the remaining April days be for fools to relish. JeromePowell - 'Rising yields is a sign of confidence in recovering Economy'. Such a pile of BS!!! Rising yields is a sign of BondMarket SELLOFF on expectation of hyperinflation!!! Would cause StockMarket correction!!!
Source: CNBC - 🏆 12. / 72 Read more »