Treasury yields fall as investors weigh economic data and Israel strike against Iran
U.S. Treasury yields declined on Friday as investors considered the latest economic data and remarks from Federal Reserve officials, and considered what this could mean for monetary policy. At 4:20 a.m. ET, the yield on the 10-year Treasury was down by over five basis points to 4.5878%. The 2-year Treasury yield was last at 4.9622% after falling by more than two basis points. Yields and prices move in opposite directions. One basis point is equivalent to 0.01%. Investors digested the latest economic data and remarks from policymakers as they considered the outlook for interest rates. Fed officials have in recent days [...]