Treasury yields ease after softer U.S. jobs data fuels expectations of a pause in Fed rate hikes
Mumbai, July 3 -- Short-term Treasury yields fell on Thursday as investors digested lighter-than-expected jobs data that suggested the Federal Reserve could hold off on hiking rates.
The 2-year Treasury yield dropped more than 2 bps to 4.13%. The yield on the benchmark 10-year Treasury note inched up 1 basis point to trade at 4.48%.
Published by HT Digital Content Services with permission from Capital Market....
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