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T-Yields US Bounce Higher Amid Eying Variant

Mohamed Abdelhamid 29 November, 2021 11:45 pm Forex Market, Market Update

Treasury yields climbed on Monday, as investors are eyeing the latest developments with the Omicron variant.

The yield on the benchmark 10-calendar year Treasury rose by 4.6 foundation details to 1.531%. The yield on the 30-12 months Treasury bond climbed by 4.8 foundation details to 1.878%. Yields shift inversely to price ranges and 1 basis point is equal to .01%.

Treasury yields slid on Friday, as traders searched for safe-haven belongings, amid fears all-around the freshly found virus variant.

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