U.S. Treasury Yields Stabilize After Thursday’s Rise


U.S. Treasury yields were little changed in early European trade after they rose across maturities following the U.S.-U.K. trade agreement on Thursday.

“Well, it’s not actually a deal, instead being an ‘Agreement in Principle’ between the U.K. and U.S., though at least it’s finally some sort of concrete progress on the trade front,” said Pepperstone senior research strategist Michael Brown in a note.

The two-year Treasury yield fell 2.5 basis points to last trade at 3.868%; while the 10- and 30-year Treasury yields were largely flat at 4.366% and 4.828%, respectively, according to LSEG data.

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