Bond Markets

Treasuries Move Higher Ahead Of Powell Testimony

After showing a lack of direction early in the session, treasuries moved to the upside over the course of the trading day on Tuesday.

Bond prices climbed firmly into positive territory after initially bouncing back and forth across the unchanged line. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 4.0 basis points to 3.729 percent.

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by RTTNews Staff Writer

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