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Bond Markets

Treasuries Move To The Downside As Inflation Data Looms

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

After ending the previous session little changed, treasuries moved to the downside over the course of the trading day on Monday.

Bond prices moved lower early in the session and remained in the red throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose 3.0 basis points to 4.288 percent.

The weakness among treasuries came as traders looked ahead to the release of consumer price inflation data later in the week.

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