Following the substantial rebound seen over the course of the previous session, treasuries gave back some ground during trading on Thursday.
Bond prices climbed off early lows after an initial move to the downside but remained firmly negative. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose 4.2 basis points to 3.747 percent.
The ten-year yield regained ground after plunging by 25.9 basis points on Wednesday but remained well off Tuesday's twelve-year highs.
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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.