Treasury yields fall after reports on jobless claims, wholesale inflation

[McFurd]

MarketWatch - 8/10/2017 - Sunny Oh - Treasury yields lost further ground on Wednesday, as a weak reading for wholesale inflation clouded the third-quarter economic outlook and the picture for one more rate hike this year, which can be bearish on bonds. The benchmark 10-year Treasury’s yield TMUBMUSD10Y, -0.63% fell 1.4 basis point to 2.234%, contributing to the previous session’s decline of 3.6 basis points. The yield for the 2-year note TMUBMUSD02Y, +0.00% was flat at 1.339%, while the yield for the 30-year bond TMUBMUSD30Y, -0.59% also known as the long bond, dipped 1.2 basis point to 2.812%. Read more @ http://www.marketwatch.com/story/treasu ... try%20News)