Bond Yields Rebound Quickly And Erase The Drop From The Treasury's Intervention In Just a Day

Bond yields rebounded on Thursday and erased the drop that followed the Treasury Department's announcement of increased debt repurchases. (Credit: AFP)

Bond yields rebounded on Thursday and erased the drop that followed the Treasury Department's announcement of increased debt repurchases.

CNBC detailed that the yield on the 30-year U.S. Treasury bond climbed 5.7 basis points and stood at 5.251%. The instrument was the main focus of the buyback.