(Bloomberg) -- Treasuries fell, pushing yields
close to a five-year high, as a report on producer prices
signaled that inflation quickened last month.
Yields on 10-year U.S. notes are set to rise for a sixth
straight week as investors are pricing in the risk that
inflation won't moderate. Faster inflation erodes the value of
Treasuries' fixed payments and may fuel speculation the Federal
Reserve will lift interest rates later this year.
Read more at Bloomberg Bonds News
close to a five-year high, as a report on producer prices
signaled that inflation quickened last month.
Yields on 10-year U.S. notes are set to rise for a sixth
straight week as investors are pricing in the risk that
inflation won't moderate. Faster inflation erodes the value of
Treasuries' fixed payments and may fuel speculation the Federal
Reserve will lift interest rates later this year.
Read more at Bloomberg Bonds News
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