Mumbai, Feb. 11 -- Treasuries moved notably higher after closing roughly flat for two straight sessions. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.1 bps to a nearly one-month closing low of 4.14%.
U.S. Treasury yields fell on Tuesday after the latest retail sales report missed expectations.
The benchmark 10-year Treasury yield was more than 5 bps lower at 4.14%, as was the 30-year Treasury yield at 4.78%. The 2-year Treasury note yield was down more than 3 bps at 3.45%.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.