![Bond yields drop as traders assess latest signs of bank stress](https://cdn.newsserve.net/ONPglobe256.png)
Bond yields drop as traders assess latest signs of bank stress
Bond yields tumbled on Friday as investors focused on fresh signs of stress in the financial sector after a week of central bank rate hikes. • The yield on the 2-year Treasury TMUBMUSD02Y, was 3.69%, down 15.4 basis points. Yields move in the opposite direction to prices. • The yield on the…
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