(Reuters) - NEW YORK, May 23 - U.S. government bond prices
fell in choppy trade on Wednesday, weighed down by surging
stocks and weaker euro-zone debt that pushed the yield on the
30-year bond to its highest level since August.
The yield on the 30-year bond rose above 5 percent as a
takeover-driven rally on Wall Street pushed stock indexes to
record highs and encouraged investors to dump Treasuries in
search of higher returns from equities.
Read more at Reuters.com Bonds News
fell in choppy trade on Wednesday, weighed down by surging
stocks and weaker euro-zone debt that pushed the yield on the
30-year bond to its highest level since August.
The yield on the 30-year bond rose above 5 percent as a
takeover-driven rally on Wall Street pushed stock indexes to
record highs and encouraged investors to dump Treasuries in
search of higher returns from equities.
Read more at Reuters.com Bonds News
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