Reuters
TREASURIES-U.S. 10-year yield slides to three-week low as soft data adds to growth fears
* U.S. 30-year yields fall to one-week low * Fed’s George -Comfortable with 50-bps hikes in upcoming meetings * U.S. 10-year TIPS auction shows lackluster results (Adds comment, 10-year TIPS auction, bullets, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, May 19 (Reuters) – U.S. Treasury yields fell on Thursday, with those on benchmark 10-year notes sliding to three-week lows, as continued softness in U.S. economic data fueled growth concerns amid aggressive monetary tightening by the Federal Reserve. U.S. 10-year yields dropped to 2.772%, the lowest since late April, and was last down 3.3 basis points at 2.851%. U.S. 30-year yields were also lower, declining to a one-week trough of 2.975%.
