---
title: "S&P Global Services PMI: 56.8, 10s +4bp · Fri 21 Aug 2026"
description: "Treasuries (close 2026-08-20): 2s 4.19% (+0.0bp), 10s 4.69% (+4.0bp), 30s 5.23% (+4.0bp). Tape (close 2026-08-20): VIX 16.01, 2s10s +50bp."
source: Helious
canonical: "https://helious.io/news/brief-2026-08-21/s-p-global-services-pmi-56-8-10s-4bp-desk-brief-fri-21-aug"
---

DAILY BRIEF
              21 Aug 2026, 21:05 UTC



# S&P Global Services PMI: 56.8, 10s +4bp · desk brief, Fri 21 Aug 2026



            Treasuries (close 2026-08-20): 2s 4.19% (+0.0bp), 10s 4.69% (+4.0bp), 30s 5.23% (+4.0bp).

Tape (close 2026-08-20): VIX 16.01, 2s10s +50bp.

Narrative: St. Louis Fed's Musalem would have favored a rate hike in July

What mattered:

• S&P Global Services PMI: 56.8

• Germany · HCOB Manufacturing PMI: 54.1

• Germany · HCOB Services PMI: 48.5

• Eurozone · HCOB Manufacturing PMI: 52.8

• Treasuries See Further Downside Amid Concerns About U.S. Debt






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