The yield on the benchmark 10-year Treasury fell on Friday as markets adjusted to the Fed’s rate hike and attention turned toward September flash PMI data.
The yield on the benchmark 10-year Treasury fell on Friday as markets adjusted to the Federal Reserve's interest rate hike and attention turned toward flash PMI data for September that is due to be released later in the day.note last traded at 3.6946%, down 1 basis point as of 4:12 a.m. ET.
It had hit an over 11-year high on Thursday, rising to above 3.71% after gaining almost 20 basis points.continued to hover around 4.1% after having risen off the back of the Federal Reserve's interest rate hike. On Thursday, it had soared as high as 4.163% — a level not seen since October 2007.Stay informed during the severe weather season with our local news and weather