Longer-dated Treasury debt sold off on Friday afternoon, steepening the yield curve to the widest since June, as investors anticipated the deluge of supply that would come from a post-election stimulus package. Investors pulled money out of the U.S. stock market, on track for its worst week since March, on rising COVID cases and election jitters. The benchmark 10-year yield was last up 3.1 basis points to 0.867%. …read more
Source:: Yahoo Finance
