10-year government bond yield holds at 3% as market awaits ECB policy update
April 26, 2018 at 07:44 AM EDT
Treasury yields pull back early Thursday, threatening to halt a protracted selloff in U.S. government paper that saw yields, which move inversely to price, for the benchmark 10-year break above a psychologically significant level at 3%, with investors awaiting a policy update from the European Central Bank that could help inform trading during the session.