10-year Treasury yield rises to 1.57%, trimming sizable weekly slide
April 16, 2021 at 09:12 AM EDT
Long-dated U.S. government debt Friday morning comes under some selling pressure, pushing prices lower and yields higher, but Treasury yields remain firmly down for the week, with fixed-income experts attributing some of the retrenchment in yields to hedge fund short covering and concerns about tensions between Russia and the U.S.