-
U.S. Treasury yields mostly slip after tumultuous week
U.S. Treasury yields pulled back slightly on Friday to end a volatile week, as central banks around the world signaled a more aggressive effort to curtail soaring inflation. At around 3:10 a.m. ET, the yield on the benchmark 10-year Treasury note was fractionally lower at 3.2824%, while the yield on the 30-year Treasury bond dropped to 3.3372%. Yields move inversely to prices. The 2-year yield, which is typically more sensitive to monetary policy changes, rose to 3.1722%. The S&P 500 is on course for its worst week since March 2020 as investors flee risk assets amid fears that a starker tightening of monetary ... (full story)