After an early move to the upside, treasuries turned in a lackluster performance over the course of the trading session on Thursday.
Bond prices pulled back off their early highs and spent much of the rest of the session lingering near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by 1.8 basis points to 2.913 percent.
The modest decrease came after the ten-year yield spiked by 18.8 basis points over the two previous sessions.
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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.