8/24/2017, 4:07 PM (Source: TeleTrader)
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Treasury yields rise ahead of Jackson Hole meeting

United States government bonds traded in the negative on Thursday, with yields moving higher, as investors prepare for the meeting of top central bankers in Jackson Hole, Wyoming on Friday.

The yield on benchmark 10-year Treasuries increased 0.87 basis points to 2.1747% at 4 pm CET, while the yield on two-year bonds rose 1.63 basis points to 1.3214%. The yield on 30-year debt edged up 0.77 basis points to 2.7538% at the same time.

In Europe, the yield on 10-year German paper declined 0.5 basis points to 0.372%, whereas the yield on 10-year British gilts decreased 0.7 basis points to 1.052%.

Baha Breaking News (BBN) / IB