Treasury Yields Dip as Government Shutdown Nears Potential Resolution
Treasury yields moved lower as White House officials expressed optimism about ending the government shutdown this week. Meanwhile, trade tensions with China showed signs of easing ahead of critical economic data releases.
Market Movement Amid Shutdown Developments
Treasury yields reportedly declined as investors monitored developments surrounding the ongoing government shutdown, according to market analysis. The downward movement in yields comes as bond prices move inversely to yield performance, with each basis point representing a 0.01% change.