https://images.mktw.net/im-52028870
Published:
Treasury bond yields continued rising Thursday, with investors in the bond market adjusting their positioning in the aftermath of the Federal Reserve’s shift in monetary policy.
The yield on the 10-year Treasury note
BX:TMUBMUSD10Y rose 3.1 basis points to 4.104%, while the 2-year Treasury rate BX:TMUBMUSD02Y edged up 2.1 basis points to 3.567%, according to Dow Jones Market Data. That’s after yields ended higher Wednesday, following Fed Chair Jerome Powell’s press conference on the central bank’s decision to resume its rate-cutting cycle.
This post was originally published on Market Watch
