Bond Report: Trade-war fears, Fed send 10-year Treasury yield lower

U.S. government bonds found support Friday, extending a yield decline for Treasurys as an escalating trade spat between the U.S. and China contributed to a move to the perceived safety of government paper.

Short-dated yields, on the other hand, were elevated for the week after the Federal Reserve signaled its intentions to raise rates four times this year.

What are Treasurys doing?

The 10-year Treasury note yield TMUBMUSD10Y, -0.62% fell 2.2 basis points to 2.926%, trimming its weeklong decline to 1.1 basis points. While, the 30-year bond yield TMUBMUSD30Y, -0.38% shed 2.1 basis points to 3.048%, adding to a weeklong decline of 3.3 basis points.

>>> Original Source <<<