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Bond Markets

Treasuries Extend Downward Trend Amid Interest Rate Concerns

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

Treasuries moved notably lower during trading on Wednesday, extending the downward trend seen over the past several sessions.Bond prices came under pressure in morning trading and remained firmly negative throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.8 basis points to 3.809 percent.The ten-year yield closed higher for...

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