5/19, 4:16 PM (Source: TeleTrader)
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Treasury yields decline amid stock sell-off

United States Treasury yields decreased on Thursday, as the inflation-fears-induced stock sell-off continued on Wall Street.

Despite the inverse relation of the debt paper's appeal and the possibility of interest rate increases, appetite for bonds among traders seemingly grew due to their safe-haven properties.

The return on the 10-year Treasury note went down 6.3 basis points to 2.821% at 10:15 am ET. The yield on the two-year note moved down by 5.3 basis points to 2.614% at the same time, while the return on the 30-year bond concurrently slipped 5.1 basis points to stand at 3.021%.

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