U.S. government debt prices were lower Wednesday morning as talks over further stimulus checks remain deadlocked, CNBC reports. At around 3:28 a.m. eastern time the yield on the benchmark 10-year Treasury note moved higher to trade at 0.5216 percent. The yield on the 30-year Treasury bond also traded higher at 1.2055 percent. Yields move inversely to prices. U.S. policymakers are still debating the release of a second round of US$1,200 stimulus checks.
Source: The Standard August 05, 2020 09:45 UTC