Tuesday, 02 January 2024 12:17 GMT

10-Year Treasury Yield Edges Lower As Investors Await Key Inflation Data This Week


(MENAFN- AsiaNet News)

The benchmark 10-year Treasury yields edged lower on Monday morning as investors await the release of key inflation data to gauge the probability and quantum of the Federal Reserve's interest rate cuts in September.

At the time of writing, the 10-year Treasury yields were down three basis points to 4.055%. The 2-Year T-bill yields hovered around 3.488%, down one basis point, while the longer-term 30-Year bills yielded 4.715%, down five basis points.

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