(Bloomberg) -- Treasuries fell, pushing the 10-year
note yield back above 5 percent, as a measure of the perceived
risk of U.S. corporate bonds dropped and a Commerce Department
report showed factory orders fell less than forecast.
The yield on the benchmark note dropped yesterday below 5
percent for the first time in more than three weeks. The CDX
North America Crossover Index decreased for the first time in
five days after rising to a 10-month high yesterday, according
to Deutsche Bank AG. Stocks rose globally.
Read more at Bloomberg Bonds News
note yield back above 5 percent, as a measure of the perceived
risk of U.S. corporate bonds dropped and a Commerce Department
report showed factory orders fell less than forecast.
The yield on the benchmark note dropped yesterday below 5
percent for the first time in more than three weeks. The CDX
North America Crossover Index decreased for the first time in
five days after rising to a 10-month high yesterday, according
to Deutsche Bank AG. Stocks rose globally.
Read more at Bloomberg Bonds News
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