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Treasury yields fall as investors assess US economic outlook
U.S. Treasury yields dipped on Wednesday as investors looked to earnings reports and economic data for fresh insights into the state of the U.S. economy and what to expect from now. At 4:19 a.m. ET, the yield on the 10-year Treasury was trading more than two basis points lower at 3.4416%. The yield on the 2-year Treasury was down by less than a basis point to 4.1497%. Yields and prices move in opposite directions. One basis point equals 0.01%.As concerns about a looming recession have spread, investors are looking to earnings reports to assess how companies are faring. They are also scanning future guidance issued ... (full story)
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- Posted: Jan 25, 2023 4:49am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 743
