(Bloomberg) -- Treasuries fell, pushing the
benchmark 10-year note's yield to a three-month high, as traders
speculated the U.S. economy is gathering momentum.
Yields strengthened as traders reduced bets on a cut in
borrowing costs by the Federal Reserve later this year. Richmond
Fed President Jeffrey Lacker said today he is still worried
about inflation.
Read more at Bloomberg Bonds News
benchmark 10-year note's yield to a three-month high, as traders
speculated the U.S. economy is gathering momentum.
Yields strengthened as traders reduced bets on a cut in
borrowing costs by the Federal Reserve later this year. Richmond
Fed President Jeffrey Lacker said today he is still worried
about inflation.
Read more at Bloomberg Bonds News
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