Benchmark 10-Year Yield Falls as Trade Deficit Narrows

The benchmark 10-year Treasury yield ticked lower to 2.70 as news flooded the capital markets that the U.S. trade deficit fell to a five-month low. The longer benchmark 30-year yield rose to 3.038 while the shorter duration 5-year yield dropped to 2.507. After five straight months of increases, the...
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