Treasury prices rose in Asia, pushing the yields to one-week low after early poll results in UK showed ‘exit’ vote in lead.
The yield on the benchmark 10-year Treasury note dropped to a low of 1.604%. The yield now hovers around 1.663%. On similar lines, 2-year treasury yield dropped to a low of 0.672% before recovering to 0.728%.
Yields recovered after the latest update showed ‘remain’ vote taking the lead.
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