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Bond Markets

Ten-Year Yield Closes Above 4.0% For First Time In Fourteen Years

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

After an early move to the upside, treasuries showed a notable pullback over the course of the trading session on Friday.Bond prices pulled back well off their early highs and firmly into negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 5.8 basis points to 4.010 percent after hitting a low of 3.851 percent.With the turnaround on ...

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