Friday, May 18, 2007

U.S. Treasuries Snap Five-Day Loss as Higher Yields Spur Investor Demand

(Bloomberg) -- U.S. Treasuries snapped a five-day decline on speculation 10-year yields at their highest in a month will lure some investors.

The yield on the benchmark 10-year securities climbed to 4.76 percent yesterday, a level seen only three times in the past three months. Two-year yields rose to 4.78 percent, the highest since February.


Read more at Bloomberg Bonds News

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