Treasury yields were little changed on Friday as leaders on Capitol Hill scrambled to put the finishing touches on a U.S. stimulus deal.<\/p>\n
The yield on the benchmark 10-year Treasury note was flat at 0.926%, while the yield on the 30-year Treasury bond also held steady at 1.671%. Yields move inversely to prices.<\/p>\n
Congress on Thursday appeared to draw closer to reaching an agreement over a coronavirus aid package, with both major parties citing progress.<\/p>\n
Lawmakers have run short on time to pass government funding and a pandemic rescue package before federal funding lapses at 12:01 a.m. ET on Saturday.<\/p>\n
On the data front, third-quarter currency account balance data will be released at 8:30 a.m. ET, with leading index figures for November scheduled to follow slightly later in the session.<\/p>\n
There are no major U.S. Treasury auctions scheduled on Friday.<\/p>\n
Meanwhile, the U.S. dollar rose just over 0.2% against a basket of currencies to trade at 90.001 on Friday, marginally above a more than two-year low.<\/p>\n
The U.S. dollar index is down 1.28% week-to-date, on pace for its fourth negative week in five.<\/p>\n
CNBC's Jacob Pramuk contributed to this report.<\/p>\n
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Treasury yields are flat as investors monitor progress over fiscal stimulus - CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Treasury yields were little changed on Friday as leaders on Capitol Hill scrambled to put the finishing touches on a U.S. stimulus deal Continue reading