U.S. Treasury yields slipped Thursday in the first trading session of 2020, even though investors were scooping up risk assets such as equities as fears of a global economic slowdown diminished and investors remained optimistic about a partial resolution of the U.S. – China trade war.
Most global markets were closed on Wednesday for New Year’s.
Where are bond yields trading?
The 10-year Treasury note yield TMUBMUSD10Y, -2.87% slipped 2.2 basis point to 1.887%, after the benchmark bond rate finished Tuesday trade lower on the session but higher on the month, up 13.1 basis points and the quarter, a gain of 23.4 basis points, according to Dow Jones Market Data.
