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Treasury yields rise as investors turn back into stocks

Treasury yields rose Friday morning, investors sold out government bonds and bought back stocks.

Benchmark yield 10-year government bond It rose to 2.86% below the basis point at 7:25 am on the ET.Yield 30-year government bond It increased by 3.07% below the basis point. Yields are inversely proportional to price, and one basis point corresponds to 0.01%.

The stock market has entered a turbulent week and the S & P 500 is on the verge of falling into the bear territory. As a result, investors have begun to look for safe shelters for government bonds, and yields have fallen.

Inflation has already squeezed investor sentiment for some time, but this week’s revenues from retailers have raised concerns that price pressures are beginning to appear on consumer spending.

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However, the global market rose in early Friday trading in an attempt to regain some of the ground lost this Friday.

There are no major economic data releases or auctions scheduled for Friday.

Treasury yields rise as investors turn back into stocks

Source link Treasury yields rise as investors turn back into stocks

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