US Treasuries Plunge Amid Strong Earnings News and Optimism Over Trade Deals
US treasuries saw a significant downturn in trading on Thursday, with bond prices falling throughout the day. The yield on the benchmark ten-year note rose 5.4 basis points to 4.231 percent. This move came despite a rally on Wall Street, driven by upbeat earnings news from tech giants Microsoft and Meta Platforms. President Donald Trump’s … Read more