Treasuries showed a strong move to the upside during trading on Wednesday, extending the substantial rebound seen in the previous session.
Bond prices moved sharply higher in early trading and remained firmly positive throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 9.3 basis points to 4.015 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com