Treasury yields edged lower Thursday, after a brie
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Posted On: 01/18/2024 6:42:01 AM
Treasury yields edged lower Thursday, after a brief spike in the previous session, as investors focused on stronger-than-expected December retail sales and the latest remarks from Federal Reserve members.
The yield on the 10-year Treasury
note fell by 1 basis point at 4.0846%, after trading as high as 4.12% Wednesday, the highest level since Dec. 13. The 2-year Treasury
yield fell by 3 basis points to trade at 4.3207%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
The yield on the 10-year Treasury
note fell by 1 basis point at 4.0846%, after trading as high as 4.12% Wednesday, the highest level since Dec. 13. The 2-year Treasury
yield fell by 3 basis points to trade at 4.3207%.
Yields and prices move in opposite directions. One basis point equals 0.01%.
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