Treasuries Edge Higher on Haven Demand Amid Geopolitical Risks
The US Treasury Department in Washington.
Photographer: Aaron Schwartz/BloombergTreasuries ticked higher in choppy trading, ending a two-day selloff, amid heightened geopolitical tensions and ongoing concerns about the outlook for inflation.
Yields were mixed, with the benchmark 10-year note falling to 4.07% and policy-sensitive two-year note yields marginally rising to 3.47%.