Treasuries moved sharply higher over the course of the trading session on Tuesday, extending the advance seen in the previous session.
Bond prices moved higher early in the session and saw further upside as the day progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 11.9 basis points to 3.396 percent.
The ten-year yield continued to give back ground after ending last Wednesday's trading at its highest closing level in almost a month.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.