Treasuries showed a substantial move to the downside during trading on Thursday, more than offsetting the advance seen going into the close of the previous session.
Bond prices climbed off their worst levels in the final hour of trading but remained sharply lower. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, spiked 14.9 basis points to 3.066 percent.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.