Treasury yields decline as investors look to Fed speakers for policy hints

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Treasury yields decline as investors look to Fed speakers for policy hints
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U.S. Treasury yields fell on Friday as investors awaited remarks from Federal Reserve speakers that could provide fresh hints about interest rate policy plans.

yield was last down by more than four basis points to 4.8606%. During Thursday's trading session it had climbed to levels last seen in 2007.

A slew of Fed speakers is expected to speak on Friday, and investors will be scanning their comments for insights into whether the central bank will pursue tighter monetary policy for longer.and uncertainty about whether the central bank could increase the pace of rate hikes again has spread. At its latest meeting, the Fed implemented a 25 basis point rate increase, a slowdown from previous hikes.

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