NEW YORK: US 10-year Treasury yields fell to session lows in early US trading on Wednesday, underpinned by some safe-haven demand in the wake of Moody's downgrade of China's debt rating, citing its slowing growth and rising indebtedness.
At 8:54 a.m. (1254 GMT), benchmark 10-year government note yield was down 0.5 basis point at 2.278 percent, while the 30-year bond yield was 1.3 basis points lower at 2.932 percent, Reuters data showed.
Comments
Comments are closed.