Mirroring the performance in the previous session, treasuries saw early strength on Wednesday but pulled back sharply over the course of the session.
Bond prices showed a substantial downturn as the day progressed, slumping firmly into negative territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.8 basis points at 4.626 percent after hitting a low of 4.491 percent.
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