Bond Markets

Treasuries Show Notable Move Back To The Downside

Treasuries showed a notable move to the downside during trading on Thursday, giving back ground after moving sharply higher over the course of the previous session.

Bond prices staged a brief recovery attempt after seeing early weakness but pulled back more firmly into the red. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.1 basis points to 3.850 percent.

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by RTTNews Staff Writer

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