Treasury Yields Fluctuate Amid Fed's Interest Rate Outlook

Treasury yields fluctuated following the Thanksgiving break, with the 10-year Treasury yield rising to 4.48% and the 2-year note yield increasing to 4.93%. The term premium, a key component of U.S. Treasury yields, fell back into negative territory after a surge in the past months. Investors considered the outlook for interest rates and the economy, with yields falling as they awaited the release of minutes from the Federal Reserve's latest meeting.