PassionIT News

U.S. Treasury yields inched higher Tuesday as omicron developments remained in focus for investors.

The yield on the benchmark 10-year Treasury note was marginally higher at 1.482% by 4:05 p.m. ET, while the yield on the 30-year Treasury bond rose 1.6 basis points to 1.902%. Yields move inversely to prices and 1 basis point is equal to 0.01%.

Read More at:

https://www.cnbc.com/2021/12/28/us-treasury-yields-dip-as-omicrons-impact-on-growth-is-assessed.html