Ten-Year Yield Matches 52-Week Low

The long-term rate-indicative 10-year Treasury yield has officially dropped to and matched its 52-week low of 1.7%.

The benchmark bond yield hit that low on Thursday afternoon but never dropped below it, and as of late Friday morning it was hovering just a little above it.

Near noon Friday, the 10-year was at 1.71%.

 

Article source: http://www.nationalmortgagenews.com/dailybriefing/ten-year-yield-1030520-1.html

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