Published October 15, 2014 8:55am EDT | Updated January 8, 2015 2:37pm EST

10-year Treasury Yield Falls To Fresh 16-month Low

Treasury prices jumped Wednesday after a trio of weak data on regional manufacturing, producer prices and retail sales. The benchmark 10-year note yield, which falls as prices rise, sank 14.5 basis points on the day to 2.063%, a new 16-month low, according to Tradeweb. The yield has fallen over half a percentage point since hitting a recent high on Sept. 18.