(Bloomberg) -- Treasuries fell for a second day as a
measure of corporate bond risk declined in Europe, sparking
speculation investor demand for the relative safety of U.S. debt
is waning.
The yield on the 10-year note rose 2 basis points to 4.82
percent as of 8:06 a.m. in London, according to bond broker
Cantor Fitzgerald LP. The price of the 4 1/2 percent security due
in May 2017 declined 5/32, or $1.56 per $1,000 face amount, to 97
16/32.
Read more at Bloomberg Bonds News
measure of corporate bond risk declined in Europe, sparking
speculation investor demand for the relative safety of U.S. debt
is waning.
The yield on the 10-year note rose 2 basis points to 4.82
percent as of 8:06 a.m. in London, according to bond broker
Cantor Fitzgerald LP. The price of the 4 1/2 percent security due
in May 2017 declined 5/32, or $1.56 per $1,000 face amount, to 97
16/32.
Read more at Bloomberg Bonds News
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