Treasury yields fall as investors await further inflation data

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U.S. Treasury yields fell on Thursday as investors awaited further inflation data and looked ahead to the Federal Reserve’s Jackson Hole meeting.

At 5:47 a.m. ET, the 10-year Treasury yield

was 3 basis points lower to 4.209%, while the 2-year Treasury yield was down over one basis point at 3.67%. Meanwhile, the 30-year Treasury bond yield declined 2 basis points to 4.799%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Treasury yields fall as investors await further inflation data

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