Treasuries showed a significant move to the downside during trading on Thursday, giving back ground after moving notably higher over the two previous sessions.
Bond prices saw moderate weakness in morning trading before coming under additional pressure in the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, surged 10.7 basis points to 4.630 percent.
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Market Analysis
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.