Treasuries Rise as High Yields, Declines in China's Stocks Attract Bids

(Bloomberg) -- Treasuries gained as investors were
attracted by interest rates near their high for the year and the
safety of government debt after China's benchmark stock index
fell 7.7 percent and as U.S. equity futures declined.

The benchmark 10-year Treasury yield reached a nine-month
high June 1 of 4.96 percent. U.S. stock futures for companies
including Boeing Co., the world's second-biggest maker of
commercial aircraft, and JPMorgan Chase & Co., the third-largest
U.S. bank, declined.


Read more at Bloomberg Bonds News