US Treasury Yields Experience Significant Declines Amid Economic Data and Holiday Trading
In recent trading sessions, US Treasury yields have seen notable declines. The 10-year Treasury yield slid to its lowest point since October, dropping below the 200-day moving average, as traders returned from the Thanksgiving holiday. Following a range of economic data, including a key inflation report that met expectations, the 10-year yield fell to a one-month low. Similarly, the yield on the 2-year Treasury dipped slightly, reflecting market reactions to the recent Fed minutes. Overall, as traders navigate through a mix of economic indicators, Treasury yields have faced downward pressure, raising concerns amidst ongoing volatility in the markets.
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