After coming under pressure over the course of the previous session, treasuries showed another significant move to the downside during trading on Thursday.
Bond prices moved notably lower in morning trading and remained firmly negative throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 9.6 basis points to 3.528 percent.
The continued weakness among treasuries came amid a rally on Wall Street, with stocks moving sharply higher in reaction to upbeat earnings news from Facebook parent Meta Platforms (META).
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.