Christopher Waller

10-Year Treasury Yield Retreats From 5.23% After Weak 30-Year Auction Draws Record Central Bank Demand

The 10-year Treasury yield fell more than 4 basis points to 5.229% on Friday, pulling back from its highest level since 2002, as traders digested a $22 billion 30-year bond auction and conflicting signals from the Fed and the White House.