Treasury yields lower after First Republic stock-price slide

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Treasury yields lower after First Republic stock-price slide
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10-year Treasury yields slipped to a seven-session low after news on Monday renewed concerns about an economic slowdown and stresses in the banking sector.

Treasury yields fell on Tuesday after soft economic data and revived concerns about the U.S. banking sector boosted the attraction of government bonds.

What’s happening What’s driving markets Benchmark 10-year Treasury yields slipped to a seven-session low after news released Monday renewed concerns about an economic slowdown and stresses in the banking sector. U.S. economic updates set for release on Tuesday include the S&P Case-Shiller and FHFA home price indices, both for February, due at 9 a.m. March new home sales will be published at 10 a.m. alongside April consumer confidence. All times Eastern.

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