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The benchmark US government bond yield hit a new low in 2019 close to 2% on Friday, a sign that investors believe the slowdown in the economy will prompt the Federal Reserve to reduce its rates. # 39; s interest.
According to Tradeweb, the 10-year Treasury yield, which declines with rising bond prices, reached 2.055%, following the release of a report on the unexpected weakness of jobs showing wage gains below analysts' expectations, signaling that inflation remains moderate. He ended the day at 2.085%, the lowest close since September 2017.
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