10-Treasury yield rises to 1.376pc

Business | 23 Feb 2021 5:12 pm

U.S. Treasury yields climbed on Tuesday morning, ahead of Federal Reserve Chairman Jerome Powell’s first of two speeches in Congress this week, as part of a mandated semiannual testimony on the economy.

The yield on the benchmark 10-year Treasury note advanced to 1.376 percent at 4 a.m. eastern time while the yield on the 30-year Treasury bond climbed to 2.198 percent. Yields move inversely to prices.

 

 



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