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Bond Markets

Treasuries Close Roughly Flat As Fed Decision Looms

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

Treasuries showed a lack of direction over the course of the trading session on Friday before ending the day roughly flat.

Bond prices spent the day bouncing back and forth across the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by just 1.1 basis points to 3.448 percent.

With the slight decrease on the day, the ten-year yield pulled back off its highest closing level in three months.

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