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US 10-year and 30-year Treasury yields fell by 5 and 4 basis points, respectively.
U.S. 10-year Treasury yield fell 5 basis points to 5.1935%BlockBeats News,October 13, U.S. 10-year Treasury yield fell 5 basis points to 5.1935%；30-year Treasury yield fell 4 basis points to 5.5546%.
Original link https://m.theblockbeats.info/flash/371484
October 13, U.S. 10-year Treasury yield fell 5 basis points to 5.1935%。
US 30-year Treasury yield fell by 4 basis points to 5.5546%。
The source is identified as BlockBeats.
The following is analysis, separate from reported facts. Verify important claims independently.
A decline in Treasury yields means that the yields on these types of US Treasuries decreased at the time described in the news. Basis points are a commonly used unit for interest-rate changes; 100 basis points equal 1 percentage points.
This indicates that US long-term Treasury yields declined at the time described in the news, but the evidence does not specify the reason for the decline or its subsequent impact on other assets.
You can understand it as: the market yields on US 10-year and 30-year Treasuries temporarily declined.
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