(Bloomberg) -- U.S. Treasuries fell, pushing the 10-
year yield above 5 percent for the first time since August, as
traders added to bets interest rates will rise around the world.
Two-year yields also gained after New Zealand policy makers
unexpectedly raised rates today and the European Central Bank
lifted its benchmark to a six-year high yesterday. Futures
traders added to wagers today on further increases by the ECB
and the Bank of England, and reduced bets the Federal Reserve
will need to lower borrowing this year to fuel economic growth.
Read more at Bloomberg Bonds News
year yield above 5 percent for the first time since August, as
traders added to bets interest rates will rise around the world.
Two-year yields also gained after New Zealand policy makers
unexpectedly raised rates today and the European Central Bank
lifted its benchmark to a six-year high yesterday. Futures
traders added to wagers today on further increases by the ECB
and the Bank of England, and reduced bets the Federal Reserve
will need to lower borrowing this year to fuel economic growth.
Read more at Bloomberg Bonds News
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