Bond Markets

Treasuries Move Back To The Downside Following Powell Comments

Treasuries turned in a lackluster performance for much of the trading session on Thursday but came under pressure in the latter part of the day.

Bond prices pulled back firmly into negative territory before moving roughly sideways going into the close. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.1 basis points to 1.129 percent.

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by RTTNews Staff Writer

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