(Bloomberg) -- Treasuries declined as yields near
the lowest in almost two months deterred investors from buying
the debt as U.S. stocks rose.
Bonds also fell before the Treasury sells $18 billion of
two-year notes today and $13 billion of five-year debt tomorrow.
Two-year notes yield 0.5 percentage points below the Federal
Reserve's target rate, indicating an investor would have to
expect borrowing costs to fall that much before the debt matures.
Read more at Bloomberg Bonds News
the lowest in almost two months deterred investors from buying
the debt as U.S. stocks rose.
Bonds also fell before the Treasury sells $18 billion of
two-year notes today and $13 billion of five-year debt tomorrow.
Two-year notes yield 0.5 percentage points below the Federal
Reserve's target rate, indicating an investor would have to
expect borrowing costs to fall that much before the debt matures.
Read more at Bloomberg Bonds News
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