Authorities bond yields transfer after Yellen’s affirmation

Government bond yields rose slightly on Tuesday despite concerns over possible opposition in Congress to President Joe Biden’s proposed $ 1.9 trillion stimulus package.

Traders will watch out for the International Monetary Fund’s global economic outlook, which is released twice a year and appears at 8:00 a.m.CET

House prices rose 9.5% nationwide in November year over year. This is the strongest annual pace in more than six years, according to S&P CoreLogic Case-Shiller House Price Indices.

An update to CB consumer confidence data is expected in January at 10 a.m. ET.

The weekly API inventory change data for crude will then be released at 4:30 p.m. ET.

Tuesday will find auctions for 52-week bills worth $ 34 billion, 119-day bills worth $ 30 billion, 42-day bills worth $ 30 billion, and 5-year bills – $ 61 billion worth of banknotes held.

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