Bond Markets

Treasuries Recover From Early Slump But Close Modestly Lower

Treasuries came under pressure early in the session on Thursday but regained ground over the course of the trading day.

Bond prices climbed well off their worst levels and briefly turned positive but ended the day modestly lower. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by 1.8 basis points to 4.284 percent.

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by RTTNews Staff Writer

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