Bond Markets

Weaker Than Expected Jobs Data Leads To Extended Rally By Treasuries

Treasuries moved sharply higher during trading on Friday, extending the strong upward move seen over the two previous sessions.

Bond prices gave back ground after an early rally but remained firmly in positive territory. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled by 11.1 basis points to 4.558 percent.

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by RTTNews Staff Writer

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