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Bond Markets

Treasuries Extend Yesterday's Sharp Pullback

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

Following the sharp pullback seen over the course of the previous session, treasuries saw further downside during trading on Tuesday.

Bond prices fluctuated as the day progressed but largely maintained a negative bias. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.6 basis points to 3.564 percent.

The ten-year yield added to the 14.8 basis point spike seen on Monday, climbing further off last Friday's six-month closing low.

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