Yields Recover Some Ground Ahead Of Next Week’s Auctions By Investing.com
Dhirendra Tripathi Investing.com – Breaking an eight-day falling streak, bond yields bounced back on Friday as traders pared long positions ahead of next week’s auction of $62 billion of government debt. Spiking prices for U.S. Treasuries have sent yields to five-month lows, puzzling many experts at a time when fears of a sustained rise in inflation are still strong. Bond yields and prices are inversely related. The United States 10-Year was up 5 basis points to 1.34% while the United States 30-Year rose 6 basis points to 1.97%. The yield on the United States 5-Year, more...
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