Treasuries Extend Slide, Pushing 10-Year Yields to Near Highest in a Year

(Bloomberg) -- U.S. Treasuries dropped, pushing 10-
year yields to the highest in almost a year, on expectations
central banks will raise interest rates around the world.

The benchmark 10-year note extended declines after slumping
yesterday by the most in more than three years. Global debt
markets have been sliding since New Zealand unexpectedly raised
borrowing costs yesterday, stoking concern other central banks
will follow as world economic growth quickens.


Read more at Bloomberg Bonds News