Bond Markets

Treasuries Close Nearly Unchanged Ahead Of Fed Announcement

After moving notably higher over the course of the two previous sessions, treasuries showed a lack of direction during trading on Tuesday.

Bond prices spent the day bouncing back and forth across the unchanged line before closing nearly flat. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, ended the day unchanged at 1.040 percent.

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by RTTNews Staff Writer

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