Treasury Yields Hit New Lows Amid Holiday Trading
TL;DR Summary
The 10-year Treasury yield fell to its lowest level since late October, dropping to 4.219% on a holiday-shortened trading day. This decline comes amid a quiet day for U.S. data following Thanksgiving, with the bond market closing early. Earlier in the week, the Federal Reserve's preferred inflation measure rose slightly, and unemployment claims fell, indicating labor market strength. The Fed's meeting minutes suggested a gradual lowering of interest rates if economic conditions remain stable, though potential tariff hikes by President-elect Trump could impact inflation and Fed policy decisions.
- 10-year Treasury yield slides to lowest point since October on holiday-shortened trading day CNBC
- Treasury Yields Have Dipped. It’s Not Too Late to Buy Bonds Barron's
- Treasury yields slip to one-month low as traders return after Thanksgiving MarketWatch
- 10-year Treasury yield slips on holiday-shortened trading day NBC New York
- STI continues to move sideways as ominous signs develop in US treasury yields The Edge Singapore
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