25 September 2020
Treasury Yields Fell Slightly on Thursday After the latest weekly jobless claims data camera in world than expected. The Yield on the Benchmark 10-Year Treasury Note Fell 1 base point to 0.6651% and the yield on the 30-year treasury bond slid to 1,4052%. First-Time Claims for State Unemployment Benefits toted 870,000 for the week ending sept. 19, Higher than a dow jones estimate of 850,000. (CNBC) U.S. banks and credit unions reported skyrocketing levels of suspected business-business fraud last month, a period that coincided with growth awareness of scams involving government small-business aid programs. Financial Institutions Filed 1,922 Suspicious-Activity Reports Involving Business-Loan Fraud in August, Data from the Treasury Department `S Financial Crimes Enforcement Network Show. Thatâ € ™ s about 14 times the monthly average for the six years beginning in 2014, the earliest date for which data is available. IT `S The Fourth Consecutive Monthly Record. (Bloomberg) Source: Danareksa Sekuritas Debt Researchphoto by Pau Casals on Unsplash