Points: Basis Points

points: The widening yields between the two maturities briefly steepened this key gauge of the so-called yield curve to around 34 basis points, its most positive levels since October 2018, but later ended at 32 basis points, according to Market Watch. A steeper curve can indicate brewing expectations for a bump in economic growth and inflationary pressures. What are Treasurys doing The 10-year Treasury note yield TMUBMUSD10Y, 1.96% rose 2.2 basis points to 1.894%, while the two-year note rate TMUBMUSD02Y, 0.75% was down by 1.6 basis points to 1.571%, its lowest since Dec. 3. The 30-year bond yield TMUBMUSD30Y, 2.52% climbed 3.3 basis points to 2.342%. Bond prices move in the opposite direction of yields. Haven assets have been on the backfoot since the agreement to a phase-one U.S.-China trade deal, which has helped boost forecasts for global growth. What's driving Treasurys U.S. Treasurys took their cue from overseas, as investors ditched German government bonds, pushing its benchmark rate to its highest level since late May. (news.financializer.com). As reported in the news.