Government Borrowing Rate Bounces Back to 5.123%

The 10-year Treasury yield, the U.S. government's borrowing rate, traded at 5.123% Friday, up from 5.068% earlier that day, according to The Wall Street Journal. The 10- and 30-year yields fell to three-week lows Thursday. Yields move opposite to bond prices. A basis point is 0.01 percentage point. It helps set rates on many loans with fixed interest, including mortgages.