Bond Yields Steady as Treasury Intervention Struggles to Convince - WSJ

Bond Yields Steady as Treasury Intervention Struggles to Convince  WSJ

The market shrugged off the Treasury Department’s attempt to lower long-term bond yields, raising the question of what the Trump administration might do next. Yields on 30-year Treasury securities have recently pushed to levels not seen in some two decades, a sign that investors might be growing increasingly concerned

Bond yields jumped Thursday, erasing the declines stemming from of the Treasury Department’s unusual intervention in the debt market a day earlier.