Treasury yields fall after retail spending drops the most on record amid pandemic
U.S. government debt yields moved lower Friday as investors awaited a host of fresh economic data.
At around 4:45 a.m. ET, the yield on the benchmark 10-year Treasury note was lower at 0.6153% while the yield on the 30-year Treasury bond declined to 1.2802%. Yields move inversely to prices.
Nervous investors are keeping a close eye on the U.S. jobs market. U.S. jobless claims totaled 2.981…