Treasury yields tick higher as investors digest Powell’s comments, await further data
U.S. Treasury yields rose on Friday as investors digested Federal Reserve Chair Jerome Powell’s latest comments, and awaited further economic data. At 4:15 a.m. ET, the 10-year Treasury yield rose by more than two basis points to 4.4453%. The yield on the 2-year Treasury rose by more than three basis points to 4.3307%. One basis point equals 0.01%…