(CNBC) U.S. Treasury yields fell back slightly on Friday, although the closely watched 2-year/10-year yield curve — a key recession signal — remained inverted. The yield on the benchmark 10-year Treasury lost one basis point to about 2.9983%, while the yield on the 30-year Treasury bond was down slightly at 3.1914%. Yields move inversely to prices, and a basis point is equal to 0.01%.
10-year Treasury yield below 3% as traders look ahead to jobs data
This entry was posted in Syndicated. Bookmark the permalink.
