Treasury yields are flat ahead of holidays as investors continue to monitor the pandemic

(CNBC) Treasury yields held steady on Wednesday as investors await a raft of U.S. economic data and continue to monitor government responses to the rapidly spreading omicron variant. The yield on the benchmark 10-year Treasury note was little changed at 1.478%. The yield on the 30-year Treasury bond inched slightly lower to 1.884%. Yields move inversely to prices and 1 basis point is equal to 0.01%.

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