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Bond Markets

Treasuries Move Sharply Higher Following Manufacturing Data, Powell Comments

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

Following the notable pullback seen in the previous session, treasuries showed a substantial move back to the upside during trading on Friday.

Bond prices jumped early in the trading day and continued to advance as the session progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 12.6 basis points to 4.352 percent.

The ten-year yield more than offset the 8.1 basis point jump seen on Thursday, falling to its lowest closing level in three months.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
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