Treasuries showed a lack of direction over the course of the trading day on Thursday, extending the lackluster performance seen in the previous session.
Bond prices spent much of the day bouncing back and forth across the unchanged line before closing modestly higher. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down 1.5 basis points to 3.551 percent.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.