
Treasury Prices Climb as 10-Year Yield Eases to 5.26%
U.S. government bonds rose in afternoon trading Oct. 7 as falling oil prices pulled yields down from highs, Reuters reported. The 10-year yield — the benchmark rate that influences mortgages and loans — eased to around 5.26%, Reuters reported. That gives borrowers brief breathing room, in my view, not a lasting turn.
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