The US government debt rates saw their largest quarterly increases in at least six months as the shortened session came to a finish on Thursday.
During the first quarter, the benchmark 10-year Treasury yield and the 30-year rate increased by 33.2 basis points and 31.7 basis points, respectively, to 4.192% and 4.337%.
Those are the biggest quarterly gains since the three-month period that concluded in September of last year, according to Dow Jones Market Data released at 3 p.m. Eastern time. On observing the Good Friday holiday, the bond market will be closed on March 29.
