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Bond Markets

Treasuries Close Higher But Well Off Best Levels

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

Mirroring the performance seen in the previous session, treasuries gave back ground after an early advance on Tuesday but still closed in positive territory.

Bond prices pulled back well off their early highs but managed to hold on to modest gains. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slipped by 1.5 basis points to 1.592 percent after hitting a low of 1.557 percent.

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Market Analysis

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.