U.S. Treasury Yields Decline After Lowered Borrowing Estimate

Group 1 - U.S. Treasury yields are declining, with a focus on quarterly borrowing estimates [1][2] - The U.S. Treasury has lowered its fourth-quarter borrowing estimate by $21 billion to $569 billion, attributed to a higher beginning cash balance and lower projected net cash flows [1] - The 10-year Treasury yield decreased by 2 basis points to 4.086%, while the 30-year yield fell by 2.1 basis points to 4.668% [2]