Treasurys come back to where they started as year comes to close

• December 29, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance, The Real Estate Life

Treasury yields were mixed on Friday in holiday-thinned trade as U.S. government paper looked to end at levels close to where they had started this year.

The 10-year Treasury yield was mostly flat at 2.429%, from 2.432% on late Friday. The benchmark maturity began the year at 2.45%.

The 2-year note yield ticked lower to 1.903%, compared with 1.911%. The 30-year bond yield rose to 2.766%, versus 2.756%.
Bond prices move in the opposite direction of yields.

Treasury yields have returned back to where they started in 2017 as the absence of inflation kept a lid on bond yields. Even three interest-rate hikes by the Federal Reserve failed to push up the 10-year yield, as traders became convinced the central bank was willing to tighten monetary policy regardless whether inflation touched 2%.