10-year Treasury yield jumps as investors bet no recession ahead
U.S. Treasury yields climbed higher Thursday as investors digested the Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday. At 3:56 p.m. ET, the yield on the 10-year Treasury was up nearly 4 basis points at 3.726%. The 2-year Treasury yield was around one basis point lower at 3.594%. Yields and … Read more