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Bond Markets

Treasuries Move Modestly Higher Amid Optimism About Interest Rates

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

Extending the strong upward move seen in the previous session, treasuries moved modestly higher during trading on Monday.

Bond prices gave back some ground after an early advance but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 2.2 basis points to 4.178 percent.

The modest strength among treasuries came as traders expressed optimism about the outlook for interest rates ahead of the Federal Reserve's monetary policy announcement on Wednesday.

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

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