Treasury yields pulled back slightly early Thursday trading ahead of data that will give the latest read on the labor and housing market’s health.
The 10-year Treasury note yield TMUBMUSD10Y, +0.58% was down 0.9 basis point to 3.074%, but still near its seven-year high at 3.109%. The 2-year note yield TMUBMUSD02Y, +0.16% was mostly flat at 2.808%, hovering at a decadelong peak, while the 30-year bond yield TMUBMUSD30Y, +0.59% receded by 1.7 basis points to 3.220%, still near its highest levels since May 17. Bond prices move in the opposite direction of yields.
