NEW YORK: US Treasury yields trimmed their earlier fall on Friday with the 10-year yield remaining below 3 percent following the government’s reading of a stronger-than-forecast 2.3 percent increase in economic growth in the first quarter.
At 8:43 a.m. (1443 GMT), the yield on 10-year Treasury notes was down 0.9 basis point at 2.981 percent, while two-year note yield was 0.8 basis point higher at 2.496 percent.
Source: Brecorder
