After an early move to the upside, treasuries showed a notable downturn over the course of the trading session on Thursday.
Bond prices pulled back near the unchanged line after seeing early strength and saw further downside going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.1 basis points to 3.452 percent after hitting a low of 3.372 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.