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Bond Markets

Treasuries Move Modestly Higher Following Inflation Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

After ending the previous session little changed, treasuries showed a modest move to the upside during trading on Thursday.

Bond prices moved higher in morning trading but gave back some ground in the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell 2.5 basis points to 4.093 percent.

The ten-year yield moved lower for the fourth straight session, dropping to its lowest closing level in three weeks.

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