US Treasury yields fall: 10-year drops below 5.11% as investors await inflation data
India, Oct. 15 -- US Treasury yields fell on Thursday as investors moved towards safer investments. Treasury prices rose as investors sold some technology stocks and moved their money into US government bonds. Investors were also waiting for more economic data, including inflation figures, to understand the direction of the US economy.
The 10-year US Treasury yield dropped below 5.11%. The benchmark 10-year Treasury yield fell by more than 8 basis points to 5.102%. The 30-year Treasury yield also declined by more than 8 basis points to 5.439%. Meanwhile, the 2-year Treasury yield fell by more than 5 basis points to 4.751%, according to CNBC.
Other US Treasury yields also moved lower. The latest figures in the provided Treasury yield tab...
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