Treasuries fluctuated over the course of the trading session on Thursday but largely maintained a negative bias throughout the day.
Bond prices came under pressure going into the close of trading, closing firmly negative. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 8.4 basis points to 4.988 percent.
The ten-year yield closed higher for the fourth consecutive session, once again reaching its highest closing level in over sixteen years.
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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.