Bond Markets

Treasuries Move Sharply Higher On Job Openings Data

Treasuries moved sharply higher over the course of the trading day on Tuesday, more than offsetting the pullback seen in the previous session.

Bond prices showed a strong move to the upside early in the session and remained firmly positive throughout the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, tumbled 11.7 basis points to 4.171 percent.

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by RTTNews Staff Writer

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