Government Bond Yields Continue Post-Fed Meeting Pullback -- MarketWatch

By Anonymous

Budget turmoil sends Italian bond yields jumping

William Watts MarketWatch

Treasury yields edged lower Thursday, extending a pullback seen Thursday after the Federal Reserve delivered a widely expected rate increase and left its forecasts largely unchanged, prompting a relief rally in bond prices.

The yield on the 10-year Treasury note fell 0.7 basis point to 3.051%, while the 2-year note yield was off 0.4 basis point at 2.823%. The 30-year Treasury bond yield was down 1 basis point at 3.182%. Yields and debt prices move in opposite directions.