Bond Markets

Ten-Year Yield Reaches Three-Month High Following Inflation Data

Treasuries once again failed to sustain an early move to the upside after turned lower over the course of the trading day on Tuesday.

Bond prices saw a downturn in morning trading and slid more firmly into negative territory in the afternoon. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 7.4 basis points to 3.839 percent.

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by RTTNews Staff Writer

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