Basis: Basis Points

basis: What are Treasurys doing The 10-year Treasury note yield TMUBMUSD10Y, 0.00% rose 11.2 basis points to a six-week high of 1.901%, pushing its weekly rise to 35 basis points, its largest such move since June 2013, according to Market Watch. The 2-year note rate TMUBMUSD02Y, 0.00% climbed 7.8 basis points to also a six-week high of 1.801%, contributing to a weekly rise of 27 basis points, its largest such move since June 2009. For the week, yields have seen a searing climb as bond-market traders retreated from their bullish positions on long-term government bonds which had reaped significant gains last month. The 30-year bond yield TMUBMUSD30Y, 0.00% picked up 11.1 basis points to 2.374%, marking its biggest daily rise since November 2016. Bond prices move inversely to yields. The long bond's yield rose 35 basis points this week, its biggest such increase since November 2016. (news.financializer.com). As reported in the news.