U.S Treasury Yields Rebound as Friday Auctions take a Pause

U.S Treasury Yields Rebound as Friday Auctions take a Pause

The yield on the benchmark U.S 10-year Treasury note rose to 1.585% on Friday morning, after falling to 1.53% in the previous session. The yield on the 30-year Treasury bond rose to 2.275%.

The Friday levels are below recent highs that saw the 10-year Treasury yield top 1.7% while 30-year government bond rate traded above 2.5%.

Yields dropped on Thursday, amid strong economic data as retail sales showed a 9.8% jump in March, above 6.1% growth estimates.

 The Labor Department also reported 576,000 jobless claims for the week ended April 10, well below the forecasted 710,000

There are no bond auctions scheduled for Friday.

U.S 10-year Treasury yield is currently 1.563%, U.S 30-year Treasury yield is currently 2.252%

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