Two-Year U.S. Treasuries Fall Most in More Than a Week as Stocks Increase

(Bloomberg) -- Treasuries declined amid a rise in
stocks as traders speculated that individual investors had yet to
participate widely in equity increases, suggesting potential for
further gains.

Traders sold Treasuries after purchases motivated by hedging
and concerns about riskier markets waned, blocking the 10-year
note yield from falling below 4.93 percent. U.S. debt maturing in
two years fell the most in more than a week. Traders who last
week bought Treasuries to hedge against losses in more risky
securities had less need to buy them today.


Read more at Bloomberg Bonds News