Bond Markets

Treasuries Close Nearly Flat Ahead Of Fed Announcement

After moving notably lower over the course of the previous session, 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 unchanged. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 1.499 percent.

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by RTTNews Staff Writer

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