After moving sharply higher over the two previous sessions, treasuries saw further upside during trading on Thursday.
Bond prices gave back ground after an early advance but remained in positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.9 basis points to 3.608 percent.
The continued strength among treasuries came after the House voted Wednesday night to approve the bill raising the U.S. debt ceiling.
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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.