Treasury yields slumped on Thursday after President Donald Trump threatened to levy further tariffs on Chinese imports. The 10-year Treasury note yield fell...
Treasury yields slumped on Thursday after President Donald Trump threatened to levy further tariffs on Chinese imports. The 10-year Treasury note yield TMUBMUSD10Y, -5.45% fell 13.8 basis points to 1.885%, its lowest since November 2016 when Trump won the U.S. election. The 2-year note yield tmubmusd0y2 slid 16.6 basis points to 1.
722%, while the 30-year bond yield TMUBMUSD30Y, -3.38% was down 9 basis points to 2.436%. Bond prices move in the opposite direction of yields. Trump said he would slap an additional 10% tariff on $300 billion worth of Chinese imports on Sept. 1. This follows face-to-face negotiations between the U.S. and China in Shanghai, which ended on Wednesday.
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