(Reuters) - NEW YORK, May 31 - U.S. government bond prices
fell on Thursday, pushing benchmark yields to an August high,
after robust economic data further diminished hope of an
official interest rate cut by the end of the year.
The 10-year note's yield rose above 4.91 percent to its
highest level in nine months after a strong reading of Midwest
business activity.
Read more at Reuters.com Bonds News
fell on Thursday, pushing benchmark yields to an August high,
after robust economic data further diminished hope of an
official interest rate cut by the end of the year.
The 10-year note's yield rose above 4.91 percent to its
highest level in nine months after a strong reading of Midwest
business activity.
Read more at Reuters.com Bonds News
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