US 10-year yields dip on growth, Cyprus worries

This article discusses why the US T-notes are yielding slower growth earnings. The data shows a slowdown in US manufacturing - Factory activity grew at the slowest rate in 3 months. Additionally, worries about the wider impact of Cyprus's bailout deal kept low-risk assets in demand. The 10-year yield could rebound later on, however, if US lawmakers were to decide to retroactively cancel the spending cuts in coming months.