U.S. Treasury Yields Decline Following Factory Orders Data

U.S. Treasury yields experienced a slight decline after the release of factory orders data. According to Jin10, the yield on the 10-year Treasury note fell by 2.9 basis points, reaching 4.056%. Meanwhile, the yield on the 2-year Treasury note decreased by 0.6 basis points, settling at 3.474%. This movement in yields reflects market reactions to the latest economic indicators.