USA 20-Year Bond Auction 4.635% Vs 4.818% Prior
Portfolio Pulse from Benzinga Newsdesk
The USA 20-Year Bond Auction yield has decreased to 4.635% from the previous 4.818%.
May 22, 2024 | 5:03 pm
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POSITIVE IMPACT
The yield on the USA 20-Year Bond Auction has decreased to 4.635% from 4.818%. This could positively impact SPY as lower bond yields often make equities more attractive.
A decrease in bond yields generally makes equities more attractive to investors seeking higher returns, which could lead to a positive impact on SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50