U.S. treasury yield near 13-month low

Source: Bloomberg
© Scanpix/Reuters
Long-term 30-year U.S. bond yields were close to their 13-month low, as the market reckons the Fed will not increase the borrowing costs when inflation rate remains decreased. Meanwhile, the spread with the five-year yields decreased to the lowest point since February 2009, as economic data showed CPI increased 0.3% in June after the previous month's 0.4%. The 30-year yield went up one basis point, reaching 3.26%, but went down to 3.24% this week, the lowest since June 7, 2013.
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