The long-term rate-indicative 10-year Treasury yield moved notably higher on Thursday morning, recovering from its fall to a new 52-week low on Wednesday. The benchmark, which was near 3.64% as of noon Thursday, had been as low as 3.28% on Wednesday, according to Yahoo Finance. The 10-year yield has seen significant swings in both directions since international market concerns led to an emergency fed funds rate cut on Tuesday.
10-Year Treasury Yield Rebounds
January 24, 2008, 2:00 p.m. EST 1 Min Read
