Bond Markets

Treasuries Show Notable Downturn After Seeing Early Strength

After an early move to the upside, treasuries showed a notable downturn over the course of the trading session on Thursday.

Bond prices pulled back near the unchanged line after seeing early strength and saw further downside going into the close. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, rose by 3.1 basis points to 3.452 percent after hitting a low of 3.372 percent.

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by RTTNews Staff Writer

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