Treasury Bonds Rally at End of Second Quarter
Investors bought government bonds on Thursday to close out a turbulent quarter of trading, sending the yield on the benchmark 10-year U.S. Treasury note back below 3% as concerns about slowing economic growth mounted.
The yield on the 10-year note fell to 2.985% midday Thursday, after settling on Wednesday at 3.091%. A bond’s yield falls when its price rises.
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