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...
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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.