10-year Treasury yield falls to 4% then snaps back as traders assess inflation data
The 10-year U.S. Treasury yield fell to 4% Thursday, then snapped back as investors assessed the latest inflation data, as well as a jump in jobless claims. The yield on the benchmark 10-year Treasury was last unchanged at 4.032%, after falling to 4% earlier in the session. The 30-year Treasury yield meanwhile added more than…