The rate-indicative 10-year Treasury yield had fallen to 4.1% as of midmorning on Friday following a report by the Department of Labor showing that December's job growth was "less robust than forecasters projected."The benchmark yield had risen to nearly 4.4% on Jan. 2, according to Yahoo! Finance, but it was trading between 4.2% and 4.3% before the release of the job report.
10-Year Yield Slips
January 09, 2004, 3:00 p.m. EST 1 Min Read