(Reuters) - LONDON, June 13 - Expectations of higher global
interest rates pushed U.S. government bond yields to five-year
highs on Wednesday, lifting the dollar to a 4-1/2 year peak
against the yen but weighing on stocks.
Yields on benchmark 10-year Treasury notes
spiked to 5.33 percent in European trade, their highest since
2002 and above the fed funds rate target of 5.25 percent.
Read more at Reuters.com Bonds News
interest rates pushed U.S. government bond yields to five-year
highs on Wednesday, lifting the dollar to a 4-1/2 year peak
against the yen but weighing on stocks.
Yields on benchmark 10-year Treasury notes
spiked to 5.33 percent in European trade, their highest since
2002 and above the fed funds rate target of 5.25 percent.
Read more at Reuters.com Bonds News
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