Bond Markets

Treasuries Move Higher After Seeing Early Weakness

After coming under pressure early in the session, treasuries showed a notable turnaround over the course of the trading day on Friday.

Bond prices climbed well off their early lows and into positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.5 basis points at 1.782 percent after reaching a high of 1.848 percent.

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by RTTNews Staff Writer

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