Yield of US Treasury bonds climbs due to weak real estate market data

In the world of public finance, US Treasury bonds appeared tense as their yields recorded a significant rise in late trading. In this scenario, the futures contract for the ten-year bonds, commonly known as the T-Note future, fell by 0.21 percent to reach a score of 110.52. An inverse movement was observed in the yield of these ten-year government securities, which soared to 4.25 percent – a clear indication of the changed market sentiment among investors. Contrary to expectations, no positive support could be identified from the real estate sector. In fact, the US housing market delivered an unexpected setback: the number of new homes sold in February decreased, with a reduction of 0.3 percent from the previous month. This development surprised market observers, as economic experts had forecast an increase of 2.3 percent. The release of these figures by the Commerce Department in Washington demonstrates how volatile the terrain of the real estate market is and the direct impact it can have on the stability and attractiveness of government investment instruments.