US Treasury yields fell on September 27 from 16-year highs reached the day before, Report informs referring to Interfax.

The yield on 10-year government bonds fell 3.1 basis points to 4.509%. The indicator for two-year bonds decreased by 1.1 bp, to 5.063%, and for 30-year bonds – by 3.3 bp, to 4.644%.

The day before, government bond yields reached record levels since 2007 amid hawkish comments from the US Federal Reserve and active placement of government debt.

Traders’ attention this week is focused on the US income and spending report, which includes the dynamics of a key inflation indicator (PCE index) tracked by the Federal Reserve.