Bond Markets

Treasuries Extend Recent Upward Trend

Treasuries moved higher over the course of the trading day on Friday, extending the upward trend seen over the past several sessions.

Bond prices initially showed a lack of direction but climbed firmly into positive territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, slid 3.9 basis points to 2.642 percent.

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by RTTNews Staff Writer

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