Bond Markets

Ten-Year Yield Reaches Eleven-Year High

After an early move to the downside, treasuries regained ground over the course of the trading day on Monday but remained in negative territory.

Bond prices recovered from their early lows and spent the afternoon lingering in negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 4.2 basis points to 3.490 percent.

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by RTTNews Staff Writer

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