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Treasury yields slide to their lowest level in 2 weeks





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US Treasurys are gaining for a second straight day as a quiet holiday trade persists into the New Year.

Early buying has yields down as much as 3 basis points (bps) in the belly of the curve, and at their lowest level in two weeks.

Here’s a look at the scoreboard as of 7:28 a.m ET:

  • 2-year -1.2 bps at 1.242%
  • 3-year -1.9 bps at 1.505%
  • 5-year -3.0 bps at 1.980%
  • 7-year -2.2 bps at 2.289%
  • 10-year -2.4 bps at 2.489%
  • 30-year -2.0 bps at 3.075%

The Treasury complex has been under pressure since the election amid speculation President-elect Donald Trump’s ideas on infrastructure spending, taxes, and trade read more >>>

Source:: BusinessInsider.Com

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