Treasuries Extend Downward Trend, Lifting 10-Year Yield To Three-Month Closing High - NewsBreak
By Megansoto in Business
Updated 3 years ago
Treasuries moved to the downside during trading on Tuesday, extending the sell-off seen over the past several sessions. Bond prices regained ground after coming under pressure in early trading but remained firmly negative. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 5 basis points to 1.534 percent.