After an early move to the upside, treasuries fluctuated over the course of the trading session on Monday before ending the day roughly flat. Bond prices spent much of the day lingering near the unchanged line.
Treasuries gave back ground after an early rally but still managed to extend the upward move seen over the two previous sessions. Bond prices moved roughly sideways in afternoon trading, hovering firmly in positive territory.
Following the sharp pullback seen in the previous session, treasuries showed a strong move back to the upside during trading on Wednesday. Bond prices saw modest strength for much of the day before rallying late in the session.
Treasuries showed a notable move to the downside on Thursday, as the latest U.S. economic data added to ongoing concerns about the outlook for interest rates. Bond prices regained some ground after coming under pressure early in the session but remained firmly negative.
(Bloomberg) -- Robust earnings from Corporate America will pull the S&P 500 Index out of its latest morass, despite rising concerns about a significant jump in bond yields, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayTikTok to Remove Executive Tasked With Fending Off US ClaimsChina Is Front and Center of Gold’s Record-Breaking RallyTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareThe Fe
Following the sell-off seen on Wednesday, treasuries fluctuated over the course of the trading session on Thursday before eventually closing slight lower. Bond prices regained ground in the afternoon after turning lower over the course of the morning but ended the day in the red.
Following the notable rebound seen in the previous session, treasuries showed a substantial move back to the downside during trading on Wednesday. the yield on the benchmark ten-year note, which moves opposite of its price, soared 19.