U.S. Government Bond Yields Drift Lower
Bond market continues its quiet march to the end of the year
U.S. government bond yields drifted lower Friday, as the bond market continued its quiet march to the end of the year.
In late-afternoon trading, the yield on the benchmark 10-year Treasury note was 2.542%, compared with 2.550% Thursday and 2.600% last Friday. Yields fall when bond prices rise.
After more than a month of intense selling,...