After initially extending yesterday's strong upward move, treasuries came under pressure over the course of the trading session on Thursday.
Bond prices pulled back well off their highs of the session and into negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 9.3 basis points to 3.585 percent after hitting a low of 3.369 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