10-year Treasury yield rises above 4.6% as investors digest jobless claims data
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Treasury yields rose Thursday morning as investors digested new data on weekly jobless claims. The yield on the 10-year Treasury jumped 5 basis points 4.633%. The 2-year Treasury traded 2 basis points higher at 4.359%. One basis point is equal to 0.01%. Yields move inversely to…