(Bloomberg) -- Treasuries fell the most since
January as signs of U.S. economic strength reduced bets on a cut
in borrowing costs by the Federal Reserve this year.
The yield on the benchmark 10-year note advanced this week
to a three-month high as reports showed higher-than-expected
hiring and consumer confidence. Policy makers last week held
their benchmark rate steady, saying inflation remains the
``predominant'' concern.
Read more at Bloomberg Bonds News
January as signs of U.S. economic strength reduced bets on a cut
in borrowing costs by the Federal Reserve this year.
The yield on the benchmark 10-year note advanced this week
to a three-month high as reports showed higher-than-expected
hiring and consumer confidence. Policy makers last week held
their benchmark rate steady, saying inflation remains the
``predominant'' concern.
Read more at Bloomberg Bonds News
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