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U.S. Authorities Bond Yields Slide After Jobs Knowledge

U.S. Authorities Bond Yields Slide After Jobs Knowledge

Buyers drove yields on U.S. authorities bonds to multimonth lows Friday, with worries about tighter financial coverage and the Omicron variant weighing on expectations for financial development.

The yield on the benchmark 10-year Treasury observe just lately traded at 1.396%, in line with Tradeweb. That’s down from 1.447% at Thursday’s shut and round 1.47% earlier within the session.

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