Treasury yields inch lower as U.S. government shutdown enters 17th day

In this article

U.S. Treasury yields were lower on Friday as the government shutdown entered its 17th day and investors monitored the state of the U.S. economy.

At 5:22 a.m. ET, the 10-year Treasury yield was down 1 basis point to 3.963%, while the 2-year Treasury note was lower by nearly 3 basis points to 3.399%. The 30-year bond yield was litle changed at 4.58%.

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

Investors are watching on with the government shutdown continuing into its third week as lawmakers repeatedly failed to reach an agreement on the federal budget. The shutdown has resulted in a stoppage of crucial economic data, which would offer insights on the state of the U.S. economy.

Treasury yields inch lower as U.S. government shutdown enters 17th day

Related reading

Treasury yields move lower as U.S. government shutdown enters 10th day

Treasury yields lower as investors continue to monitor government shutdown

Treasury yields move higher as government shutdown stretches on

Treasury yields little changed as U.S. government shutdown drags on

Treasury yields inch higher as investors weigh the state of the U.S. economy

Treasury yields little changed as government shutdown becomes longest in U.S.…