(Bloomberg) -- Treasuries were little changed after
an industry report showed confidence among U.S. homebuilders
fell this month to the lowest level in 16 years.
The yield on the benchmark 10-year note rose almost 2 basis
points, or 0.02 percentage point, to 5.06 percent at 1:47 p.m.
in New York, according to bond broker Cantor Fitzgerald LP. Bond
yields and prices move in the opposite direction. The price of
the 4 1/2 percent security due in May 2017 fell 3/32, or 94
cents per $1,000 face amount, to 95 23/32.
Read more at Bloomberg Bonds News
an industry report showed confidence among U.S. homebuilders
fell this month to the lowest level in 16 years.
The yield on the benchmark 10-year note rose almost 2 basis
points, or 0.02 percentage point, to 5.06 percent at 1:47 p.m.
in New York, according to bond broker Cantor Fitzgerald LP. Bond
yields and prices move in the opposite direction. The price of
the 4 1/2 percent security due in May 2017 fell 3/32, or 94
cents per $1,000 face amount, to 95 23/32.
Read more at Bloomberg Bonds News
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