10-year Treasury yield falls after jobless claims increase
U.S. Treasury yields ticked lower on Thursday as investors digested new labor market data. The 2-year yield fell more than 2 basis points to 3.848%, while the 10-year Treasury yield dropped by more than 3 basis points to 4.328%. The 30-year long bond yield pulled back more than 4 basis points to 4.843%. One basis point equals 0.01%….
