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Bond Markets

Ten-Year Yield Spikes To New Fourteen-Year High

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

After ending the previous session modestly higher, treasuries showed a substantial move back to the downside during trading on Wednesday.

Bond prices came under pressure early in the session and remained sharply lower throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 12.9 basis points to 4.127 percent.

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