Treasury Yields Slip as Investors Watch U.S.-Iran Developments
Mumbai, June 3 -- Treasury yields fell on Tuesday as traders continue to monitor the latest developments between Iran and the U.S.
The yield on the 10-year U.S. Treasury note - the key benchmark for U.S. government borrowing - fell more than 2 bps to 4.45%.
The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, declined less than 1 basis point to 4.04%. The longer-dated 30-year Treasury bond yield slid more than 2 bps to 4.96%.
Published by HT Digital Content Services with permission from Capital Market....
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