Bond Markets

Renewed Omicron Concerns Lead To Rebound By Treasuries

Following the pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Tuesday.

Bond prices gave back some ground after an early upward move but remained firmly positive. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 8.7 basis points to 1.443 percent.

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by RTTNews Staff Writer

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