Treasuries fluctuated over the course of the trading session on Thursday before ending the day firmly in positive territory.
Bond prices gave back ground after an initial advance but moved back to the upside as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.9 basis points to 1.297 percent.
The higher close by treasuries came following the release of a slew of U.S. economic data, including a report from the Federal Reserve showing industrial production increased by less than expected in the month of June.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.