10-year Treasury yield falls to lowest since mid-October after strong jobs report

Treasury yields broadly fell Friday morning, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced market participant’s view that the Federal Reserve will cut borrowing costs this month.

Dec 6, 2024 - 06:45
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Treasury yields broadly fell Friday morning, led by a drop in the 1-month Treasury-bill rate, after November’s stronger-than-expected jobs data reinforced market participant’s view that the Federal Reserve will cut borrowing costs this month.

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