Treasury Yields Fall To Nearly 2-week Low After Retail-sales, PPI
Treasury yields fell Wednesday to their lowest level in nearly two weeks after economic data on U.S. retail sales and wholesale prices came in weaker than economists expected. The yield on the 10-year benchmark Treasury note lost 4.8 basis points to 2.007% while the 30-year bond yield fell by 4.1 basis points to 2.855%. Among shorter maturities, the yield on the two-year note lost four basis points to 0.585%.
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