(Bloomberg) -- U.S. Treasuries may advance on
speculation yields near the highest in nine months will prove
attractive to investors.
Yields on two-year notes rose to 5 percent yesterday and
those on the 10-year bond climbed to 4.99 percent, as a report
showed U.S. service industries last month grew at the fastest
pace since April 2006. Goldman Sachs Group Inc. said yesterday
it no longer expects the Federal Reserve to lower borrowing
costs this year and increased its forecast for economic growth.
Read more at Bloomberg Bonds News
speculation yields near the highest in nine months will prove
attractive to investors.
Yields on two-year notes rose to 5 percent yesterday and
those on the 10-year bond climbed to 4.99 percent, as a report
showed U.S. service industries last month grew at the fastest
pace since April 2006. Goldman Sachs Group Inc. said yesterday
it no longer expects the Federal Reserve to lower borrowing
costs this year and increased its forecast for economic growth.
Read more at Bloomberg Bonds News
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