(Bloomberg) -- U.S. 10-year Treasury notes fell as
the Dow Jones Industrial Average's biggest gain in almost three
weeks reduced demand for the relative safety of government debt.
Bonds snapped a two-day rally after the Nasdaq Composite
Index of shares closed at the highest in six years, overcoming
concern spurred by terrorist plots in the U.K. last weekend. The
yield spread on U.S. corporate bonds yesterday widened to 1.01
percentage points more than Treasury securities, the most in two
years, Merrill Lynch & Co. data show, as bond investors shunned
riskier corporate debt.
Read more at Bloomberg Stocks News
the Dow Jones Industrial Average's biggest gain in almost three
weeks reduced demand for the relative safety of government debt.
Bonds snapped a two-day rally after the Nasdaq Composite
Index of shares closed at the highest in six years, overcoming
concern spurred by terrorist plots in the U.K. last weekend. The
yield spread on U.S. corporate bonds yesterday widened to 1.01
percentage points more than Treasury securities, the most in two
years, Merrill Lynch & Co. data show, as bond investors shunned
riskier corporate debt.
Read more at Bloomberg Stocks News
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