10-year Treasury yield jumps to 2021-high of 1.62% before pulling back

The 10-year U.S. Treasury yield jumped Friday after the February jobs report topped expectations, sending the benchmark yield to its highest level this year, before retreating as the day wore on. The yield on the 10-year Treasury note was trading up at 1.56% at around 4:20 p.m. ET after hitting an intraday high of 1.626%. […]

Continue Reading

Best Buy gives pandemic-related bonuses amid company layoffs

People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City. Noam Galai | Getty Images Best Buy said it will pay pandemic-related bonuses to all hourly employees and give […]

Continue Reading