Treasury yields edged higher Wednesday as U.S. and Chinese officials reach an agreement on trade.
The 10-year yield on U.S. Treasurys inched higher on Wednesday as U.S. and Chinese officials reached an agreement on trade.
At 2.45 a.m. ET, the 10-year Treasury yield
was up by 1 basis point at 4.49%. The 2-year yield
added the same to arrive at 4.02%. The 30-year yield was also higher by a basis point to 4.95%.
One basis point equals 0.01%. Yields and prices move inversely in the bond market, meaning higher prices equal lower yields and vice versa.
U.S. Treasury yields inched lower on Wednesday as investors monitored the latest developments in the U.S.-China trade war.
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