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Bond Markets

Ten-Year Yield Climbs To Highest Level Since Last March

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

Treasuries moved to the downside during trading on Friday, extending the decline seen over the course of the previous session.

Bond prices came under pressure in early trading and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 4.2 basis points to 1.200 percent.

With the continued increase on the day, the ten-year yield ended the session at its highest closing level since mid-March of last year.

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