U.S. government debt prices slid lower Friday, when markets responded to Federal Reserve Chairman Jerome Powell’s announcement of a major policy shift when it comes to inflation. The yield on the benchmark 10-year Treasury note rose to 0.7638%, while the yield on the 30-year Treasury bond peaked higher to 1.5369. …
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Treasury revenues come off highs after unemployment data beats estimate
U.S. government debt prices climbed higher Friday after falling on the backs of stronger weekly data Thursday. The yield on the benchmark 10-year Treasury note was lower at about 0.7012% in early trading, while the yield on the 30-year Treasury bond dropped to about 1.4135%. Bond yields fall as their …
Read More »Treasury yields increase with stimulus hopes, US-China relations in focus
US debt prices were lower on Monday morning as investors monitored the state of US stimulus talks and the recent decline in relations between Washington and Beijing. At around 2:50 AM ET, the yield on the benchmark 10-year Treasury note was higher at 0.5673% and the yield on the 30-year …
Read More »Amazon to spend $ 500 million in one-time employee bonuses
Amazon said it is disbursing $ 500 million in one-time worker bonuses this month as pressure continues to mount on the online shopping giant to do more to protect and pay workers during the coronavirus pandemic. The bonuses will pay between $ 150 for part-time employees at its Whole Foods …
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