Bond Markets

Treasuries Close Nearly Unchanged After Recovering From Initial Weakness

After recovering from an initial move to the downside, treasuries showed a lack of direction over the course of the trading day on Monday.

Bond prices spent most of the session lingering near the unchanged line before closing roughly flat. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by less than a basis point to 1.570 percent.

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by RTTNews Staff Writer

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