TREASURIES-U.S. 10-year yield highest since July 2011
NEW YORK, Sept 5
NEW YORK, Sept 5 (Reuters) - The yield on U.S. 10-year Treasury notes rose to its highest level in more than 25 months on Thursday ahead of several domestic economic reports that could solidify expectations about whether the Federal Reserve might scale back its bond purchases in two weeks.
The benchmark 10-year note yield was last 2.951 percent, up 5.4 basis points from late on Wednesday. This was the highest level since July 29, 2011, according to Reuters data, when it hit an intraday high of 2.926 percent.
- Air strike kills 15 civilians in Yemen by mistake: officials
- North Korea executes leader's powerful uncle in rare public purge |
- Twitter backtracks on block feature after users revolt
- Insight: In Yemen, al Qaeda gains sympathy amid U.S. drone strikes
- Pope attacks mega-salaries and wealth gap in peace message