Bond Markets

Treasuries Move Modestly Higher Amid Optimism About Interest Rates

Extending the strong upward move seen in the previous session, treasuries moved modestly higher during trading on Monday.

Bond prices gave back some ground after an early advance but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, dipped 2.2 basis points to 4.178 percent.

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by RTTNews Staff Writer

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