Treasury yields fell Thursday, as government paper found support from apparent safe-haven flows as stocks continued to lose ground.
What yields are doing?What’s driving the market? Yields were declining as U.S. stocks appeared headed for another round of losses after the Dow Jones Industrial Average DJIA on Wednesday fell for a fifth straight session and the S&P 500 SPX ended at its lowest in more than 13 months. Yields... Treasury yields fell Thursday, as government paper found support from apparent safe-haven flows as stocks continued to lose ground.
What yields are doing? What’s driving the market? Yields were declining as U.S. stocks appeared headed for another round of losses after the Dow Jones Industrial Average DJIA on Wednesday fell for a fifth straight session and the S&P 500 SPX ended at its lowest in more than 13 months. Yields remained lower after data showed the producer price index rose 0.5%, in line with forecasts. First-time jobless claims rose 1,000 to 203,000 last week, the Labor Department reported. Economists had expected a fall to 194,000.
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