U.S. government 5-year yields at 4-month low as ECB cuts rate

Source: Bloomberg
Treasury 5-year note yields slid two basis points to 1.32% at 10:40 a.m. in New York, after touching 1.25% on October 30, the weakest in almost 4 month period, as ECB officials unexpectedly lowered interest rate to 0.25%. Meanwhile 10-year Treasury yields declined 0.02% to 2.63% and 2.5% security note maturing in August 2023 added $1.25 per $1.000 nominal value, to 98.906.

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