FYI: Investors are taking some chips off the table Friday, pushing down Treasury bond prices for the first time in nine trading days. The yield on the benchmark 10-year Treasury note recently rose to 1.608% from 1.563% Thursday. Yields rise as bond prices fall.
The yield had tumbled to 1.518% during Thursday’s session, the lowest intraday level since Aug 2012 and close to its record close low of 1.404% set in July 2012.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/06/17/treasury-investors-take-some-chips-off-the-table/
