TREASURIES-U.S. yields tick up on strong bank earnings, manufacturing data
January 16, 2020 at 10:17 AM EST
U.S. Treasury yields rose slightly on Thursday on strong economic data and bank earnings. The benchmark 10-year yield was up 1.2 basis points in morning trading at 1.8004%. The increase reflected factors like a strong measure of manufacturing in the Mid-Atlantic region and better-than-expected retail sales, said Tom di Galoma, managing director of Seaport Global Holdings. "Certainly there's a little bit of pressure" for economic activ