Treasuries showed a significant move to the upside during trading on Thursday, offsetting the sharp pullback seen over the course of the previous session.
Bond priced moved modestly higher in early trading and climbed more firmly into positive territory as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 10.8 basis points to 4.845 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