Bond Markets

Treasuries Move Notably Lower, Lifting 10-Year Yield To Four-Month High

After ending the previous session roughly flat, treasuries showed a notable move to the downside over the course of the trading day on Thursday.

Bond prices moved steadily lower as the day progressed before closing firmly in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.7 basis points to 1.571 percent.

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by RTTNews Staff Writer

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