Treasury Yields Steady After Rising Following Strong GDP Data

Treasury yields were steady in thin trade on a holiday-shortened week, reversing much of Tuesday's rise after data showed the U.S. economy grew at a 4.3% annual pace in the third quarter.This lifted two-year Treasury yields to a 13-day high of 3.559% as investors trimmed expectations for another interest-rate cut in January.However, the data are backward-looking and traders will continue to watch for any signs of a weak jobs market and slowing inflation. ...