TREASURIES-Yields at 10-mo highs as bearish tone prevails

(Reuters) - Bond yields have climbed as much as 40 basis points since
March as growth expectations improve. A record-setting stock
market has also tarnished the allure of government debt.




Indeed, futures markets now see only a small chance that
the Federal Reserve will choose to reduce borrowing costs this
year, having priced in as many as three rate cuts just a few
months ago.


Read more at Reuters.com Bonds News