Basis Points

week: The 2-year note rate TMUBMUSD02Y, 0.00% slipped 6.8 basis points to 1.604%, resulting in a 1.5 basis point drop for the week, according to Market Watch. The 30-year bond yield TMUBMUSD30Y, 0.00% plunged 7.3 basis points to 2.252%, helping it book a 3.2 basis point decline this week. What are Treasurys doing The 10-year Treasury note yield TMUBMUSD10Y, 0.00% slumped 8.1 basis points to 1.820%, contributing to a 2.2 basis point decline this week. Only a day before, yields for all three maturities had touched four-week highs. The agreement will cover a range of issues including intellectual property protection, agriculture, and foreign firms' access to the Chinese economy. What's driving Treasurys Investors were unimpressed by the announcement that Washington and Beijing had struck a deal that would call off tariffs in December, and trim levies that kicked in on September by half to 7.5% on around 120 billion of Chinese imports. (news.financializer.com). As reported in the news.

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