Treasuries moved significantly lower during trading on Thursday, extending the downward move seen over the past few days.
Bond priced slumped early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, surged 6.6 basis points to 4.146 percent.
The continued weakness among treasuries came as the price of crude oil resumed the surge earlier in the week, adding to recent inflation concerns.
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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.