Treasury yields slipped on Wednesday as investors looked ahead to a fresh batch of economic data and considered the outlook for the U.S. economy.
The yield on the benchmark 10-year Treasury note was flat at 4.238%, while the yield on the 2-year Treasury note was also flat to trade at 4.424%.
Yields and prices move in opposite directions, and one basis point is equivalent to 0.01%.
Treasurys
TICKERCOMPANYYIELDCHANGEUS1MU.S. 1 Month Treasury5.366%-0.006US3MU.S. 3 Month Treasury5.319%UNCHUS6MU.S. 6 Month Treasury5.172%-0.004US1YU.S. 1 Year Treasury4.853%-0.02US2YU.S. 2 Year Treasury4.42%UNCHUS10YU.S. 10 Year Treasury4.232%-0.006US30YU.S. 30 Year Treasury4.474%+0.005
On the data front, a flash reading of the manufacturing purchasing managers index (PMI) for July is scheduled to be released at around 9:45 a.m. ET. Flash services PMI data for July is due at the same time, while new home sales…
