Bond Markets

Treasuries Show Notable Turnaround After Seeing Early Weakness

Treasuries showed a notable turnaround over the course of the trading session on Wednesday, recovering from an early move to the downside.

Bond prices climbed well off their early lows, ending the day firmly positive. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 5.4 basis points to 2.904 percent after reaching a high of 3.071 percent.

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by RTTNews Staff Writer

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