Bond Report: 10-year Treasury yield plumbs 10-week low to end Thanksgiving week

Treasury yields fell Friday, following the drop in European debt yields, after a round of tepid economic data appeared to furnish new obstacles to the European Central Bank’s plans to normalize monetary policy.

The 10-year Treasury note yield TMUBMUSD10Y, -0.81% gave up 1.6 basis points to 3.045%, its lowest since Sep. 17, extending the weeklong decline to 2.9 basis points, according to Dow Jones Market Data. The 2-year note yield TMUBMUSD02Y, +0.14% was mostly unchanged at 2.814%, leaving it virtually flat for the week. The 30-year bond yield TMUBMUSD30Y, -0.36% fell 0.5 basis point to 3.306%, adding to a weeklong decline of 2.1 basis points.

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