Treasuries moved back to the upside during trading on Thursday, regaining ground after moving sharply lower over the three previous sessions.
Bond prices fluctuated over the course of the session but largely maintained a positive bias. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 2.2 basis points to 1.487 percent.
The rebound by treasuries came as traders picked up bonds at somewhat reduced levels following the sharp pullback seen in recent sessions.
