U.S. Treasury Yields Near the Highest in Nine Months Attract Investors

(Bloomberg) -- U.S. Treasuries rose as yields near
the highest in more than nine months attracted investors after
more than four weeks of losses.

The two-year security's yield touched 5 percent yesterday
for the first time since August as futures traders reversed bets
the Federal Reserve would lower interest rates this year. Sandra
Pianalto, president of the Fed's Cleveland Bank, said U.S.
inflation is faster than she'd like.


Read more at Bloomberg Bonds News