Treasury yields decline as investors await Fed's preferred inflation gauge
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U.S. Treasury yields inched lower on Thursday as investors awaited the Federal Reserve's preferred inflation gauge and weighed the latest trade and geopolitical developments. At 4:30 a.m. ET, the 10-year Treasury yield was down 1 basis point to 4.239%. The 30-year Treasury bond was also 1 basis point lower to 4.851%. The 2-year Treasury note yield was down less than 1 basis point to 3.591%. One basis point is equal to 0.01%, and yields and prices move in opposite directions. Investors are
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