Low Yields on Treasury Debt No Guarantee Financial Crisis Wo

Low Yields on Treasury Debt No Guarantee Financial Crisis Wo

Beatrice de Gea/The New York Times via Redux

The 10-year yield slid four basis points to 2.99 percent on June 3, near a six-month low, according to Bloomberg Bond Trader prices, after the Labor Department reported that job growth in May was less than a third of economists’ forecasts and the jobless rate rose to 9.1 percent from 9 percent in April.