(Bloomberg) -- U.S. 10-year Treasuries were little
changed, following a six-week losing streak, after Germany's Ifo
institute reported an unexpectedly steep decline in business
confidence, easing speculation global inflation will accelerate.
Treasuries have slumped since early May, pushing benchmark
yields to a five-year high on prospects of faster economic
growth around the world. Investors sought the safety of shorter
maturities this week, prompting the gap between yields on two-
year notes and 10-year debt to widen.
Read more at Bloomberg Bonds News
changed, following a six-week losing streak, after Germany's Ifo
institute reported an unexpectedly steep decline in business
confidence, easing speculation global inflation will accelerate.
Treasuries have slumped since early May, pushing benchmark
yields to a five-year high on prospects of faster economic
growth around the world. Investors sought the safety of shorter
maturities this week, prompting the gap between yields on two-
year notes and 10-year debt to widen.
Read more at Bloomberg Bonds News
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