Treasury yields plummet to lowest level since late April

Treasury yields plummeted Friday to their lowest level since late April, after the Labor Department said that the U.S. economy created 142,000 new jobs in September, well below economists' forecasts. The yield on the 10-year benchmark Treasury note fell 10.3 basis points to 1.937%, and the 30-year bond yield lost 7.3 basis points to 2.780%, according to Tradeweb. Among shorter maturities, the yield on the two-year Treasury note declined by 9.1 basis points to 0.558%....(read more)

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