Economy

Bond Prices Rally as Equities Pressured; GDP Up – 10-Year 3.077%

Bond Prices Rally as Equities Pressured; GDP Up – 10-Year 3.077%

US Treasury prices rallied Friday, taking yields sharply lower as risk aversion rose as equities were pummeled. The two-year Treasury rate was down 5 basis points at 2.798%, and the 10-year yield was off more than 4 bps at 3.077%. UK Gilts were outperforming with the yield off 5.3 bps at 1.386%. The German Bund was down 4.8 bps at […]