0955 GMT - U.S. Treasury yields stabilize after last week's turmoil. The sharp rise in U.S. Treasury yields last week was driven by technical factors and growing concerns over reduced foreign investor appetite for U.S. assets, including Treasurys, Goldman Sachs Asset Management says in a note. "Currently, we believe the volatility reflects concerns about future foreign demand rather than clear evidence of broad-based selling by foreign investors," it says. China has been gradually reducing its exposure to U.S. Treasurys as part of a long-term trend that Goldman Sachs Asset Management expects to continue. The 10-year Treasury yield is trading flat at 4.360%, according to Tradeweb. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
April 15, 2025 05:55 ET (09:55 GMT)
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