Business
Treasury Yields Fall Further After Inflation Data
Treasury yields extended recent declines following cooler-than-expected inflation data.
Yields, which fall when bond prices rise, had already been sliding recently in response to some lackluster economic reports and volatility in the stock market, with investors turning to Treasurys as a safe haven.
The yield on the 10-year Treasury note settled at 4.055%, according to Tradeweb, the lowest closing level since Nov. 28.