
U.S. Treasury yields fell on Friday, extending back-to-back days of declines, as investors digested the outlook for interest rates following signals from the Federal Reserve that rates will be cut next year. At 3:43 a.m. ET, the yield on the 10-year Treasury was over one basis point lower to 3.9148%. It had fallen below the 4% level for the first time since August on Thursday. The 2-year Treasury yield was last down by around three basis points to 4.3693%. Similar levels were last seen in early June. Yields and prices...