Treasury yields were slightly higher on Friday aft
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Posted On: 01/12/2024 5:16:45 AM
Treasury yields were slightly higher on Friday after the latest U.S. inflation reading rose more than expected, prompting investors to reassess whether interest rates will fall as soon as March.
The yield on the 10-year Treasury
note ticked up to 3.984% at around 2:20 a.m. ET. It has been hovering around the 4% mark for much of the week. The 2-year Treasury
yield rose nearly 2 basis points to trade at 4.279%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
The yield on the 10-year Treasury
note ticked up to 3.984% at around 2:20 a.m. ET. It has been hovering around the 4% mark for much of the week. The 2-year Treasury
yield rose nearly 2 basis points to trade at 4.279%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
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