Bond Markets

Treasuries Close Modestly Lower Following Lackluster Session

After ending the previous session roughly flat, treasuries turned in another lackluster performance during trading on Tuesday.

Bond prices initially moved to the upside but showed a lack of direction as the day progressed before closing modestly lower. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by 1.8 basis points to 1.800 percent.

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by RTTNews Staff Writer

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