Bond Markets

Treasuries Close Modestly Lower After Early Volatility

Treasuries moved modestly lower over the course of the trading session on Thursday, moving back to the downside following the rebound seen in the previous session.

Bond prices showed a lack of direction in morning trading but spent the afternoon lingering in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 2.7 basis points to 3.292.

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by RTTNews Staff Writer

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