U.S. Treasuries Fall, Pushing 10-Year Yield up From Lowest in Seven Weeks

(Bloomberg) -- U.S. Treasuries fell, pushing the
yield of the 10-year benchmark note up by the most in almost two
weeks.

The yield on the benchmark 10-year note rose 2 basis points,
or 0.02 percentage point, to 4.92 percent as of 7:20 a.m. in
London, according to bond broker Cantor Fitzgerald LP. The price
of the 4 1/2 percent note due May 2017 declined 4/32, or $1.25
per $1,000 face value, to 96 24/32. Bond yields move inversely
to prices.


Read more at Bloomberg Bonds News