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Bond Markets

Treasuries Move To The Downside After Seeing Early Strength

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

After moving to the upside early in the session, treasuries came under pressure over the course of the trading day on Wednesday.Bond prices pulled back well off their early highs, ending the day modestly lower. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, crept up by 1.7 basis points at 3.036 percent after hitting a low of 2.943 percent.The downturn by...

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