(Bloomberg) -- U.S. Treasury 10-year notes had their
biggest weekly decline in more than a year as expectations global
growth is accelerating eroded demand for fixed-rate investments.
Prices rose today, sparing investors from even larger losses.
Ten-year note yields, which determine interest rates on
mortgages and corporate bonds, touched 5.25 percent today,
matching the highest since May 2002. Short-maturity yields failed
to keep pace, as the consensus forecast for Federal Reserve
policy this year shifted from an interest-rate cut to no change.
Read more at Bloomberg Bonds News
biggest weekly decline in more than a year as expectations global
growth is accelerating eroded demand for fixed-rate investments.
Prices rose today, sparing investors from even larger losses.
Ten-year note yields, which determine interest rates on
mortgages and corporate bonds, touched 5.25 percent today,
matching the highest since May 2002. Short-maturity yields failed
to keep pace, as the consensus forecast for Federal Reserve
policy this year shifted from an interest-rate cut to no change.
Read more at Bloomberg Bonds News
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