After moving sharply lower over the two previous sessions, treasuries saw further downside during the trading day on Thursday.
Bond prices regained ground after coming under pressure early in the session but remained firmly negative. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.9 basis points to 1.071 percent.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.