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Treasury yields slip even as global stocks rally to kick off 2020 trade

January 2, 2020

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.

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