Bond Markets

Treasuries Close Modestly Higher Following Another Choppy Session

Treasuries showed a lack of direction over the course of the trading day on Thursday, extending the lackluster performance seen in the previous session.

Bond prices spent much of the day bouncing back and forth across the unchanged line before closing modestly higher. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down 1.5 basis points to 3.551 percent.

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by RTTNews Staff Writer

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