Bond Markets

Treasuries See Further Upside On Continued Decline In GDP

After an initial pullback, treasuries moved higher over the course of the trading session on Thursday, extending the upward move seen late in the previous session.

Bond prices pulled back off their best levels of the day but remained in positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 5.3 basis points to 2.681 percent.

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by RTTNews Staff Writer

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