(Bloomberg) -- U.S. 10-year notes rose for the first time in three days on signs that declines in Asian and European stocks fueled demand for the relative safety of government bonds.
Asian equities dropped after Japanese machinery orders unexpectedly fell and metal prices slumped. German, French and U.K. stocks opened weaker. Gains in Treasuries may be limited before a government report today that will probably show U.S. consumer prices rose in April for the fifth straight month.
Read more at Bloomberg Bonds News
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