Bond Markets

Treasuries Close Higher Following U.K. Inflation Data

After ending yesterday's lackluster session moderately higher, treasuries saw further upside over the course of the trading day on Wednesday.

Bond prices pulled back near the unchanged line after seeing initial strength but climbed back firmly into positive territory as the day progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 4.7 basis points to 3.742 percent.

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by RTTNews Staff Writer

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