Following the sharp pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Thursday.
Bond prices moved notably higher in early trading and remained firmly positive throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 9.0 basis points to 4.445 percent.
The ten-year yield largely offset the 9.4 basis point jump seen on Wednesday, closing just above Tuesday's nearly two-month closing low.
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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.