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Bond Markets

Treasuries Move Sharply Higher Despite Largely Upbeat Economic Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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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Global Economics Weekly Update - Jun 08-12, 2026

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