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Treasury yields climb after GDP read comes in better than expected

February 28, 2019

U.S. Treasury prices retreated, nudging yields higher, on Thursday after a reading of gross domestic product for the fourth quarter showed that the economy in 2018 grew at its fastest clip since 2015.

The yield on the 10-year Treasury note TMUBMUSD10Y, +0.97% added 0.3 basis point to 2.696%, after marking its steepest climb since Feb. 1 on Wednesday, according to Dow Jones Market Data.

The two-year Treasury note yield TMUBMUSD02Y, +0.48% TMUBMUSD02Y, +0.48% picked up 0.2 basis point to 2.508%, while the 30-year Treasury bond yield TMUBMUSD30Y, +0.42% edged 0.3 basis point lower to 3.066%, a day after notching its biggest yield surge since Jan. 4.

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