Bond Markets

Treasuries Close Modestly Higher On Strong Demand For Ten-Year Note Auction

After trending lower over the past few sessions, treasuries showed a modest move back to the upside during trading on Wednesday.

Bond prices came under pressure in morning trading but rebounded over the course of the session. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 2.1 basis points to 3.653 percent.

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by RTTNews Staff Writer

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