The "yield" is the "return" on the investment. Own a bond that yields 2% and you get $2. for every $100. of that bond that you own.
It just means they have been holding 10-year treasury notes, backed by the US Treasury.. They are notes, bonds have longer maturities than 10 years.
It is used in this sentence, which I found on forbes.com
"The news has caused bond investors to begin selling out of their 10-year Treasury positions, driving yields for these bonds above 2%. "
I don't know what a treasury position is, or what a yield is. Please explain!
