After coming under pressure late in the previous session, treasuries showed another significant move to the downside during trading on Friday.
Bond prices moved notably lower in early trading and remained firmly negative throughout the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 8.8 basis points at 4.168 percent.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com