(Bloomberg) -- Treasuries were little changed, with
yields near a five-year high, as signs of quicker inflation
bolstered speculation the Federal Reserve will lift interest
rates later this year.
Yields on 10-year U.S. notes are set to rise for a sixth
straight week as investors priced in the risk that inflation
won't moderate. Faster inflation erodes the value of Treasuries'
fixed payments. Debt prices erased an earlier drop as the share
of risky U.S. mortgages entering foreclosure set a record.
Read more at Bloomberg Bonds News
yields near a five-year high, as signs of quicker inflation
bolstered speculation the Federal Reserve will lift interest
rates later this year.
Yields on 10-year U.S. notes are set to rise for a sixth
straight week as investors priced in the risk that inflation
won't moderate. Faster inflation erodes the value of Treasuries'
fixed payments. Debt prices erased an earlier drop as the share
of risky U.S. mortgages entering foreclosure set a record.
Read more at Bloomberg Bonds News
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