U.S. 10-Year Treasuries Head for Biggest Weekly Decline Since March 2006

(Bloomberg) -- U.S. Treasury 10-year notes are poised
for their biggest weekly decline in more than a year on concern
accelerating economic growth and inflation will encourage central
banks to raise interest rates.

Ten-year notes, whose yields determine interest rates on
mortgages and corporate bonds, had their biggest slump in more
than three years yesterday. Debt markets in Japan, Germany,
Poland and South Africa also slid as investors, anticipating
faster expansion in the global economy, demanded greater yields
to compete with higher expected returns on riskier investments.


Read more at Bloomberg Bonds News