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Bond Markets

Treasuries Move Sharply Higher Despite Largely Upbeat Economic Data

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

Treasuries showed a significant move to the upside during trading on Thursday, offsetting the sharp pullback seen over the course of the previous session.

Bond priced moved modestly higher in early trading and climbed more firmly into positive territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 10.8 basis points to 4.845 percent.

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Market Analysis

Global Economics Weekly Update -April 05 – April 10, 2026

April 10, 2026 16:21 ET
Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.