U.S. Treasury Yields Decline in Asia on Lower Oil Price, Fed's Williams Comment
Dow Jones
9 hours ago
0551 GMT - U.S. Treasury yields fall in Asian trade as oil prices retreat, albeit remain at elevated levels. New York Fed President John Williams signaled in an interview with CNBC on Wednesday that he doesn't see any urgency to raise interest rates to respond to persistent inflation. The two-year Treasury yield declines 2.3 basis points to 4.362%, while the 10-year yield is down 2.8 basis points at 4.765%, according to Tradeweb data. The 10-year Treasury yield hit 4.818% on Wednesday, its highest in nearly three years.
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