Bond Report: Treasury yields rise, putting 2-year back at highest since 2008

Treasury prices fell, nudging yields higher, on Thursday, a day after fears sparked by a fresh round of tariffs from Trump administration had fueled buying in assets perceived as havens.

The yield on the benchmark 10-year Treasury note TMUBMUSD10Y, -0.06% rose 0.9 basis point to 2.853%, the 30-year Treasury bond TMUBMUSD30Y, -0.25% added 0.5 basis point to 2.950%.

The two-year Treasury note yield TMUBMUSD02Y, +0.96% edged 1.6 basis points higher at 2.594%, retouching its loftiest rate since late July 2008, according to WSJ Market Data Group.

The bond market keyed into a report on inflation, which suggested price pressures were picking up throughout the economy.

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