(Bloomberg) -- U.S. Treasuries fell, extending five
weeks of losses, as Federal Reserve Bank of Cleveland President
Sandra Pianalto said inflation is ``uncomfortably high.''
Fourteen of the 21 primary dealers that underwrite the
government's debt boosted their year-end estimate for the central
bank's target rate or the 10-year note's yield. This week the
government will release reports on consumer and wholesale prices.
Yields on 10-year notes exceed two-year securities by 13 basis
points, the most since May 2006.
Read more at Bloomberg Bonds News
weeks of losses, as Federal Reserve Bank of Cleveland President
Sandra Pianalto said inflation is ``uncomfortably high.''
Fourteen of the 21 primary dealers that underwrite the
government's debt boosted their year-end estimate for the central
bank's target rate or the 10-year note's yield. This week the
government will release reports on consumer and wholesale prices.
Yields on 10-year notes exceed two-year securities by 13 basis
points, the most since May 2006.
Read more at Bloomberg Bonds News
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