(Bloomberg) -- Treasuries may drop, lifting yields
on benchmark 10-year notes to the highest since January, before
a report that will probably show confidence among U.S. consumers
rose this month.
Ten-year yields have risen almost half a percentage point
in the past four weeks on expectations signs of economic growth
will limit the room for the Federal Reserve to cut interest
rates this year. Treasuries have handed investors a 0.8 percent
loss so far this month, the worst performance since December,
according to Merrill Lynch & Co.
Read more at Bloomberg Bonds News
on benchmark 10-year notes to the highest since January, before
a report that will probably show confidence among U.S. consumers
rose this month.
Ten-year yields have risen almost half a percentage point
in the past four weeks on expectations signs of economic growth
will limit the room for the Federal Reserve to cut interest
rates this year. Treasuries have handed investors a 0.8 percent
loss so far this month, the worst performance since December,
according to Merrill Lynch & Co.
Read more at Bloomberg Bonds News
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