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Today, the European Commission and the CFTC announced a deal that will end the regulation overlap of the swaps market between the two regulatory bodies.

In the three months since the June 19th Federal Reserve Open Market Committee meeting (FOMC) in which Chairman Bernanke introduced the possibility of “tapering” QE3, the yield on the 10-year U.S. Treasury benchmark increased 71 basis points.

Yields on U.S. short-term debt saw significant volatility in the month of October, with yields on the one month Bill climbing to levels not seen in over three years. As a legislative stalemate in the U.S. Congress delayed approval of the federal budget and the extension of the debt ceiling until October 16, the mid-yield for the 1-year bill climbed 26 basis points from 0.07% on October 1 to 0.33% on the 15th.

Yields on the 10-Year US Treasury benchmark fell today, following weaker than expected PMI and New Home Sales data, according to Tradeweb.

DataSheet is a monthly report from Tradeweb that aggregates ten-year benchmark government bond data. All yields cited are mid-yields.

Volatility in major government bond markets was largely muted throughout August. However, a combination of broad based economic uncertainty and several looming central bank decisions, did spawn some significant yield moves in parts of the Eurozone.

During April’s government bond sell-off, the 10-year Treasury mid-yield climbed 9 basis points to close the month at 2.51%. Federal Reserve data showed that U.S. industrial production fell by 0.1% in March, the third straight decline, yet retail sales posted a 1.6% increase, their biggest gain since September 2017.

The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF platforms.

Government bond yields fell in June, with Eurozone’s peripheral economies registering the most pronounced moves. Italy and Greece saw the yield on their 10-year benchmark notes plunge 58 and 42 basis points over the month to close at 2.07% and 2.30%, respectively. Similarly, their Portuguese and Spanish equivalents dropped 34 and 32 basis points to close at 0.47% and 0.39%, respectively. Meanwhile, Ireland’s 10-year bond mid-yield declined by 25 basis points to end June at 0.17%.

Government bond yields started rising again in September, following several months of record-low levels around much of the globe. Only Greece and Italy bucked the trend, with the mid-yield on their 10-year benchmark notes dropping by 22 and 21 basis points to end the month at 1.27% and 0.81%, respectively. Greek Prime Minister Kyriakos Mitsotakis announced tax changes and structural economic reforms aimed at rebuilding confidence with the country’s investors. Meanwhile, his Italian counterpart Giuseppe Conte took over a coalition government amid ongoing discussions with the European Commission on how to balance debt reduction and economic growth.