Bond Report: Treasury yields move higher as Credit Suisse tensions ease and traders eye ECB rate decision

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Bond yields rose on Thursday as tensions eased in the European banking sector and traders waited for the European Central Bank’s decision on interest rates.

What’s happening
What’s driving markets

A calmer mood in markets — after the Swiss central bank moved to support beleaguered bank Credit Suisse CH:CSGN — is curtailing demand for sovereign debt havens, pushing yields higher.