Treasury Yields Fall Across the Board as Wall Street Reacts to New Inflation Data
Mumbai, Aug. 14 -- Treasury yields dipped on Thursday as Wall Street digested even more U.S. inflation data.
The yield on the 10-year U.S. Treasury note - the key benchmark for U.S. government borrowing - fell more than 4 bps to 4.64%.
The 2-year Treasury note yield which more closely tracks short-term Federal Reserve interest rate policy, fell more than 5 bps to 4.14%. The longer-dated 30-year Treasury bond yield dipped more than 3 bps to 5.21%.
Published by HT Digital Content Services with permission from Capital Market....
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