U.S. Treasury yields rose on weaker demand for fixed income assets as investors await the release of the Federal Reserve’s minutes from its July meeting.
traded up 2 basis points to 3.135%. Yields move inversely to prices, and a basis point is equal to 0.01%.The rise in yields is a change from the dip seen at the start of the week amid a weak U.S. East Coast manufacturing survey and reports of slowing growth in China.
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