5 results for “treasury yields”
Africa Prudential reported nine-month 2026 profit before tax of N4.07bn, driven by a 46% jump in interest income on treasury yields, with its registrar and technology services providing the underlying franchise.
The Federal Reserve meets October 27-28 with the decision at 7 p.m. Nigerian time Wednesday, and the 10-year Treasury yield closed Friday at 4.99% after an artificial-intelligence-driven whipsaw through the week.
The US dollar retreated from multi-month highs as concerns about artificial intelligence capital expenditure and credit stress in technology infrastructure pushed Treasury yields lower and softened the Dollar Index toward 101.80.
The dollar index held near 102.07 and headed for its first weekly decline since mid-September as the 10-year Treasury yield fell about 15 basis points and the euro recovered from a 17-month low.
Spot gold rose about 0.4 per cent to near $4,187 an ounce, helped by a softer dollar and a sharp fall in Treasury yields, even as hot US producer prices kept Fed rate-hike bets alive and capped the metal near $4,235.