U.S. Treasury yields fall in Asian trade following last Thursday's weaker-than-expected employment data that led the markets to scale back their expectations of Federal Reserve rate hikes. Brent oil trades marginally lower, just below $72 per barrel, after the Organization of the Petroleum Exporting Countries and its allies decided to increase oil output again as shipping traffic through the Strait of Hormuz gradually recovers. The two-year U.S. Treasury yield declines 0.4 basis points to 4.126%, while the 10-year yield falls 0.6 basis points to 4.472%, according to Tradeweb. (emese.bartha@wsj.com)
Dow Jones Newswires
U.S. Treasury Yields Edge Lower in Asian Trade — Market Talk
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U.S. Treasury yields fall in Asian trade following last Thursday's weaker-than-expected employment data that led the markets to scale back their expectations of Federal Reserve rate hikes. Brent oil trades marginally lower, just below $72 per barrel, after the Organization of the Petroleum Exportin…