(Reuters) - The yield on benchmark 10-year Treasury notes rose to 5.19 percent. Analyst say a decisive break above 5.15 percent could spook investors into selling stocks. Bond yields move inversely to prices.
"Since the 10-year note broke 5 percent, that's put the market mentality on the defensive," said Andre Bakhos, president of Princeton Financial Group in Princeton, New Jersey, adding:
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"Since the 10-year note broke 5 percent, that's put the market mentality on the defensive," said Andre Bakhos, president of Princeton Financial Group in Princeton, New Jersey, adding:
Read more at Reuters.com Business News
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