Treasuries Give Back Ground After Early Rebound But Close Modestly Higher

Treasuries recovered from late-day weakness early Thursday but then gave back ground as the session progressed. The move points to modest intraday volatility in rates rather than a major directional shift, with no additional catalyst or macro data cited.

Analysis

Treasuries recovered from late-day weakness early Thursday but then gave back ground as the session progressed. The move points to modest intraday volatility in rates rather than a major directional shift, with no additional catalyst or macro data cited.