Following the upturn seen over the course of the previous session, treasuries saw some further upside during trading on Thursday.
Bond prices gave back ground after seeing early strength but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3.1 basis points to 2.855 percent.
Treasuries continued to benefit from their appeal as a safe haven amid concerns about the outlook for the global economy.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.