U.S. Treasury yields edged up in choppy trading on early Wednesday as investors struggled to balance news of a $2 trillion fiscal stimulus package agreement against broader worries about the ongoing infection rate and death toll from the COVID-19 pandemic.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, +0.35% was up 0.8 basis point to 0.826%, while the 2-year note rate TMUBMUSD02Y, -0.13% fell 2.3 basis points to 0.353%. The 30-year bond yield TMUBMUSD30Y, -0.13% rose 1.4 basis points to 1.383%. Bond prices move in the opposite direction of yields.