Bond Markets

Treasuries Move To The Downside Following Fed Announcement

After showing a lack of direction for much of the session on Wednesday, treasuries moved lower following the Federal Reserve's monetary policy announcement.

Bond prices climbed off their worst levels going into the close but remained in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.5 basis points to 1.463 percent.

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by RTTNews Staff Writer

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