U.S. 10-Year Yield Rebounds to 5.123% After Three-Week Low

The 10-year Treasury yield traded at 5.123% on Friday, up from an intraday low of 5.068%, according to The Wall Street Journal. Both the 10- and 30-year yields fell to three-week lows on Thursday. Yields move opposite to bond prices, and a basis point is 0.01 percentage point. The 10-year feeds many fixed-rate loans, including mortgages.