U.S. bond yields fell on Friday, extending a decline on concerns the economy could tip into recession.What’s happening
The yield on the 2-year Treasury note
TMUBMUSD02Y,
3.032%
fell 6 basis points to 3.04%.
The yield on the 10-year Treasury note
TMUBMUSD10Y,
2.815%
also fell 6 basis points, to 2.82%.
The yield on the 30-year Treasury bond
TMUBMUSD30Y,
3.007%
fell 2 basis points to 3.02%.
What’s driving markets Thursday provided ample fodder for those who say the U.S. economy is deteriorating.