US government debt rallied on Thursday after data showing the American economy shrank in the second quarter prompted traders to trim expectations for Federal Reserve rate increases.
The yield on the two-year Treasury note, which is sensitive to monetary policy expectations, dipped 0.12 percentage points to 2.88 per cent as the debt jumped in price.
The 10-year Treasury yield, which moves with growth and inflation expectations, reached its lowest level since April following the report, and was trading down 0.11 percentage points to 2.68 per cent at the end of the day.
您已阅读16%（574字），剩余84%（2914字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。