Bond Markets

Treasuries Close Notably Lower Following Late-Day Weakness

Treasuries showed a lack of direction throughout much of the session on Thursday before coming under pressure late in the trading day.

Bond prices moved to the downside in the final hours of the day after spending most of the session near the unchanged line. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.8 basis points to 4.080 percent.

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by RTTNews Staff Writer

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