Treasury yields extend decline after US economic data
TLT•US Treasury yields fell after data showed the economy grew faster than expected in the third quarter and inflation accelerated in September. The 10-year yield was down 4.2 basis points at 5.003%, while the 30-year and two-year yields fell 2.9 and 4.4 basis points, respectively.
1. Yields fall further
US Treasury yields eased further on Thursday after economic data showed the US economy grew faster than expected in the third quarter. A separate report showed inflation accelerated in September as consumers paid more for gasoline and other goods.
2. Treasury yields
The 10-year yield was down 4.2 basis points at 5.003%, and the 30-year yield fell 2.9 basis points to 5.332%. The two-year yield declined 4.4 basis points to 4.691%.
