(Bloomberg) -- Treasuries fell for the first time
in three days after a government report showed core producer
prices rose last month more than economists forecast.
Ten-year note yields advanced as gains in wholesale prices
suggest inflation risks are not subsiding, raising the prospect
of interest rate increases. Federal Reserve Chairman Ben S.
Bernanke will testify before a congressional committee on the
economy and monetary policy tomorrow.
Read more at Bloomberg Bonds News
in three days after a government report showed core producer
prices rose last month more than economists forecast.
Ten-year note yields advanced as gains in wholesale prices
suggest inflation risks are not subsiding, raising the prospect
of interest rate increases. Federal Reserve Chairman Ben S.
Bernanke will testify before a congressional committee on the
economy and monetary policy tomorrow.
Read more at Bloomberg Bonds News
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