Prices for U.S. 30-year Treasuries fall a point
NEW YORK, June 25
NEW YORK, June 25 (Reuters) - Prices for U.S. 30-year Treasuries briefly fell a point on Tuesday after data pointed to gathering momentum in the world's biggest economy, stoking speculation about a pullback in stimulus by the Federal Reserve.
The 30-year bond briefly fell a point before more recently trading down 31/32 to yield 3.615 percent.
Orders for long-lasting U.S. manufactured goods rose more than expected in May and a gauge of planned business spending increased for a third straight month. In addition, existing single-family home prices recorded their biggest gain in seven years in April.
- Vice-principal of South Korea school in ferry disaster commits suicide |
- After Nevada ranch stand-off, emboldened militias ask: where next?
- Florida man charged with murdering son so he could play video games
- Ukraine separatists reject diplomatic deal to disarm |
- All 338 Korean students, teachers rescued from sinking ferry - school official