Bond Markets

Treasuries Show Substantial Rebound Following Jobs Data

Treasuries showed a substantial move back to the upside during trading on Friday, regaining ground after moving sharply lower over the past few sessions.

Bond prices rallied in morning trading and remained firmly positive throughout the afternoon. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, plunged 12.9 basis points to 4.060 percent.

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by RTTNews Staff Writer

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