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Bond Markets

Treasuries Regain Ground Following Consumer Price Inflation Data

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

After moving sharply lower over the past several sessions, treasuries regained some ground during trading on Tuesday.

Bond prices pulled back off their best levels in afternoon trading but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 5.5 basis points to 2.725 percent.

The ten-year yield closed lower for the first time in eight sessions after ending Monday's trading at its best closing level in over three years.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

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.