Bond Markets

Treasuries Extend Pullback As Producer Price Growth Exceeds Estimates

Following the pullback seen in the previous session, treasuries showed another notable move to the downside during trading on Friday.

Bond prices came under pressure in early trading and slid more firmly into negative territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7.6 basis points to 3.567 percent.

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by RTTNews Staff Writer

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