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Treasury yields move lower as investors digest unemployment data after Fed cut - CNBC
U.S. Treasury bond yields were lower on Friday after lower-than-expected jobless claims seemed to bolster investor sentiment.
By: CNBC
- Sep 21 2024
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Yields and prices move in opposite directions. One basis point is equivalent to 0.01%.
Initial jobless claims, which came in at 219,000 for the week of Sept. 14, were lower than expected and showed … [+708 chars]