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Treasury yields slip as forecast for eurozone slowdown stokes global growth worries

Sunny Oh

Treasury yields fell Thursday, dragged lower by a slide in European yields after eurozone growth expectations for this year were slashed, adding to mounting concerns a global economic slowdown was under way. The 30-year bond yield (BX:TMUBMUSD30Y) fell 4.4 basis points to 2.993%. The German 10-year bond yield (BX:TMBMKDE-10Y) retreated 5 basis points to 0.115%, while the Italian 10-year yield rose 12.4 basis points to 2.961%.