Treasury yields fall; weak Philadelphia Fed survey | NYGazet

The benchmark 10-year Treasury dropped below 4%, after initially moving lower in the wake of a weaker Philadelphia Federal Reserve survey.

U.S. Treasury yields fell Thursday, with the 10-year dropping below 4%, after initially moving lower in the wake of a weaker-than-expected survey of economic conditions in the Philadelphia region. At around 3:00 p.m. ET, the yield on the benchmark 10... [2580 chars]