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Bond Markets

Treasuries Sustain Early Move To The Upside

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

After ending the previous session roughly flat, treasuries showed a notable move to the upside during trading on Friday.

Bond prices moved higher early in the trading day and remained firmly positive throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 4.4 basis points to 2.148 percent.

With the decrease on the day, the ten-year yield gave back ground after inching up to its highest closing level in well over two years on Thursday.

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