Bond Markets

Treasuries Show Strong Move Back To The Upside

Following the sharp pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Tuesday.

Bond prices moved higher at the start of 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, slid 9.1 basis points to 4.571 percent.

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by RTTNews Staff Writer

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