After yesterday's recovery from the pullback seen on Monday, treasuries saw continued strength during trading on Wednesday.Bond prices initially moved to the downside but climbed firmly into positive territory over the course of the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled by 10.5 basis points to 3.408 percent.The ten-year yield ad...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.