Treasury Yields Hold Steady as Investors Weigh May Inflation Data
Mumbai, June 26 -- U.S. Treasury yields were relatively unchanged on Thursday as Wall Street assessed key inflation data for May.
The yield on the 10-year U.S. Treasury note - the key benchmark for mortgages, auto loans and credit card debt - fell less than 1 basis point to 4.39%.
The 2-year Treasury note yield which more closely tracks short-term Federal Reserve interest rate policy, declined 1 basis point to 4.12%. The longer-dated 30-year Treasury bond yield was up less than 1 basis point at 4.86%.
Published by HT Digital Content Services with permission from Capital Market....
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