Treasury Yields Extend Losses — Market Talk

Treasury yields extend losses, with the 10-year at 1.614%, down from 1.631% on Thursday. Inflation and labor shortages remain a key source of concern for investors, while economic recovery seems to lose steam. Spartan’s Peter Cardillo says investors are absorbing a change of tone in the Fed’s minutes earlier this week. “We see a positive market session as investors warm to the Fed’s proactive talk easing some concerns in the debt market,” Cardillo says.