10-year Treasury yield hovers near 3-month high as traders digest economic data
The yield on the 10-year Treasury note hovered near a three-month high as traders combed through a fresh batch of mixed data and hunted for further clues on the rate cut outlook. The 10-year Treasury yield was down 2 basis point at 4.252%, after briefly rising above 4.3% in the previous session to notch its…