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Bond Markets

Treasuries Close Roughly Flat After Seeing Early Strength

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

After moving modestly higher early in the session, treasuries pulled back near the unchanged line over the course of the trading day on Tuesday.

Bond prices gave back ground after an early upward move before closing nearly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 1.157 percent.

The roughly flat close by treasuries came amid another relatively quiet day on the U.S. economic front, with traders shrugging off a Labor Department report showing the number of job openings was little changed at 6.6 million on the last business day of December.

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