Treasury 10-year yields trade at 4-week low on Monday

Source: Bloomberg

U.S. benchmark 10- year treasury yields were traded near its lowest level in four weeks on Monday after a data showed a less-than-expected advance in the U.S. manufacturing output in the last month boosting demand for safer assets. U.S. 10-year yields dropped one basis point to 1.84% earlier on Monday New York session after it reached 1.83%, its weakest since March 4.


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