Longer-Dated Treasury Yields Rise After Fed Signals - News Summed Up

Longer-Dated Treasury Yields Rise After Fed Signals


Longer-dated U.S. government-bond yields rose after the Federal Reserve signaled it would hold rates near zero as long as needed to get the economy back on track. The yield on the benchmark 10-year U.S. Treasury note climbed to 0.625%, compared with 0.610% on Tuesday. The yield on the two-year note, which tends to move along with expectations for central-bank policy, fell to a 52-week low of 0.197%. Yields move in the opposite direction of bond prices.


Source: Wall Street Journal April 29, 2020 18:00 UTC



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