“10-year Treasury yield erases recent gains as S&P 500 books near 6% loss”
June 16, 2020
“What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.767% slumped 9.3 basis points to 0.651%, its lowest since May 29, falling below where it traded before the release of Friday’s jobs report. The benchmark maturity saw its biggest daily drop since April 15, and has fallen nearly 30 basis points since hitting a recent high of 0.96% last Friday.
The 2-year note rate TMUBMUSD02Y, 0.197% was unchanged at 0.177%. The 30-year bond yield TMUBMUSD30Y, 1.572% slipped 11.5 basis points to a three-week low of 1.401%, also seeing its largest daily drop since April 15…”