U.S. Treasuries extended their gains, pushing the 10-year Treasury yield down 4 basis points to 4.70%. Nasdaq 100 futures trimmed their decline from 0.8% to 0.4%. The move came after reports that the U.S. Treasury may use general account funds to buy back bonds.
U.S. Treasuries extended their gains, and the 10-year Treasury yield fell 4 basis points to 4.70%.
Nasdaq 100 futures also narrowed their decline, moving from 0.8% to 0.4%.
Earlier reports said the U.S. Treasury may use general account funds to buy back bonds.
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