(Bloomberg) -- U.S. Treasuries rose the most in more
than three weeks as benchmark 10-year note yields near the
highest since August attracted investors.
The 10-year note's yield reached a nine-month high of 4.96
percent on June 1, having increased from the year's low of 4.44
percent on March 5. Futures traders have cut the odds of a
reduction in borrowing costs by the Federal Reserve for the end
of 2007 to 24 percent from 100 percent at the start of May.
Read more at Bloomberg Bonds News
than three weeks as benchmark 10-year note yields near the
highest since August attracted investors.
The 10-year note's yield reached a nine-month high of 4.96
percent on June 1, having increased from the year's low of 4.44
percent on March 5. Futures traders have cut the odds of a
reduction in borrowing costs by the Federal Reserve for the end
of 2007 to 24 percent from 100 percent at the start of May.
Read more at Bloomberg Bonds News
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