• Treasury yields surged on Wednesday after the stock market broke a four-day losing streak, easing appetite for haven assets like U.S. government paper

Market news

27 December 2018

Treasury yields surged on Wednesday after the stock market broke a four-day losing streak, easing appetite for haven assets like U.S. government paper

The 10-year Treasury note yield climbed 6.1 basis points to 2.797%. The 2-year note yield picked up 4.9 basis points to 2.609%, while the 30-year bond yield jumped 5.4 basis points to 3.050%. All three maturities notched their biggest one-day rise this year. Bond prices move in the opposite direction of yields.

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