Following the rebound seen in the previous session, treasuries saw further upside during the trading day on Wednesday.
Bond prices gave back some ground after an early upward move but remained firmly positive. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3.8 basis points to 2.687 percent.
The ten-year yield added to the 5.5 basis point drop seen on Tuesday, pulling back further off the three-year closing high set on Monday.
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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.