Bond Markets

Treasuries Drift Lower Amid Worries About Inflation

Treasuries moved moderately lower over the course of the trading day on Tuesday, extending the downward move seen in the previous session.

Bond prices slid into negative territory in morning trading and remained stuck in the red throughout the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.2 basis points to 1.624 percent.

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by RTTNews Staff Writer

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