Bond Markets

Treasuries Recover From Worst Levels But Remain Firmly Negative

Treasuries showed a notable move to the downside during trading on Wednesday, extending the pullback seen in the previous session.

Bond prices climbed off their worst levels late in the session but remained firmly negative. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.9 basis points to 2.893 percent.

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by RTTNews Staff Writer

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